U.S. stocks traded higher, with the Dow Jones gaining around 50 points on Thursday.
Shares of Alaska Air Group, Inc. (NYSE: ALK) rose during Thursday’s session following upbeat earnings.
Alaska Air Group reported fourth-quarter operating revenue of $2.55 billion, up 3% Y/Y, in-line with the consensus of $2.55 billion. The company reported adjusted EPS of $0.30, down from $0.92 a year ago, beating the consensus estimate of $0.18.
Alaska Air Group shares rose 5.5% to $37.78 on Thursday.
Here are some other big stocks recording gains in today’s session.
- Vera Therapeutics, Inc. (NASDAQ: VERA) shares jumped 40.2% to $23.86 after the company announced 72-week data from the OLE period of its Phase 2b ORIGIN clinical trial. Also, Oppenheimer initiated coverage on the stock with an Outperform rating and announced a $26 price ...