ALK Jun 2024 37.500 put
| Previous close | 0.4000 |
| Open | 0.3300 |
| Bid | 0.2500 |
| Ask | 0.4000 |
| Strike | 37.50 |
| Expiry date | 2024-06-21 |
| Day's range | 0.3300 - 0.3300 |
| Contract range | N/A |
| Volume | |
| Open interest | 40 |
ReutersAlaska Air says Boeing issued $61 million in credit memos to address grounding hit
An Alaska Airlines-operated MAX 9 jet experienced a mid-air cabin panel blowout in January, which led to the U.S. Federal Aviation Administration grounding 171 of the aircraft for about three weeks. The credit memos can be used to make future purchases at Boeing, Alaska said in its quarterly report on Friday. Boeing is also compensating United Airlines — a prominent customer — to address the financial damages related to the grounding.
Zacks3 Airline Stocks to Watch From a Promising Industry
Buoyant air travel demand bodes well for the Zacks Transportation - Airline industry. Stocks like UAL, ALK and CPA appear well-poised to capitalize on this rosy scenario.
ZacksDoes Alaska Air (ALK) Have the Potential to Rally 26.43% as Wall Street Analysts Expect?
The average of price targets set by Wall Street analysts indicates a potential upside of 26.4% in Alaska Air (ALK). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
