For the half of May NYSE: ALK has risen by $11 causing uptrend with hourly winning prices. For the past trading days, it grew from $31.01 to $35.72. The airlines have passenger based business, therefore, its Q1 2020 revenue has lost about $400 million compared to Q4 2019’s. However, the stock has kept growing steadily during the pandemic.
Not so good news came from Q1 2020 net loss and negative earnings. Before, the COVID-19’s second wave the earnings may grow as people missed traveling for vocation. One should not wait for a negative impact on stock price from the upcoming quarantine as the last COVID-19 measures did not affect.
Editor in Chief.
Living in the era of dynamic tech change Alex decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring in Finance) writing for technology and as well as finance has been one of the precious aspects of his life