Shares of Alaska Air Group Inc. ALK, +2.65% rallied 2.65% to $51.05 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.03% rising 0.03% to 33,743.84 and the S&P 500 Index SPX, -0.02% falling 0.02% to 4,016.22. Alaska Air Group Inc. closed $10.50 short of its 52-week high ($61.55), which the company achieved on April 21st.
The stock outperformed some of its competitors Wednesday, as Southwest Airlines Co. LUV, +0.52% rose 0.52% to $36.87, Delta Air Lines Inc. DAL, +1.49% rose 1.49% to $39.38, and United Airlines Holdings Inc. UAL, +1.99% rose 1.99% to $50.28. Trading volume (2.3 M) eclipsed its 50-day average volume of 1.3 M.