Rating:
Underperform
ALK
96.27 %
Alaska Air Group, Inc. (ALK) downgraded to Underperform by Credit Suisse
Credit Suisse rated Underperform Alaska Air Group, Inc. (NYSE: ALK) on 07/14/2008, when the stock price was $2.84.
Since then, Alaska Air Group, Inc. has gained 2582.15% as of 01/22/2016's recent price of $76.24. If you would have followed this Credit Suisse's recommendation on ALK, you would have lost 96.27% of your investment in 2748 days.
Alaska Air Group, Inc. is a holding company and has two principal subsidiaries: Alaska Airlines, Inc. and Horizon Air Industries, Inc. Both subsidiaries operate as airlines. However, each subsidiary's business plan, competition and economic risks differ substantially. Alaska is a major airline, operates an all jet fleet, and its average passenger trip length is 833 miles. Horizon is a regional airline, operates jet and turboprop aircraft, and its average passenger trip is 231 miles.
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