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Why Shares of Alaska Air Fell 43% in March

Apr 06, 2020 - Nasdaq

What happened Shares of Alaska Air Group (NYSE: ALK) fell 43.6% in March, according to data fromĀ  S&P Global Market Intelligence , as the airline was caught up in a broader sell-off in the airline sector. The COVID-19 coronavirus pandemic is hitting the sector particularly hard and raising questions about the viability of the industry. So what Airlines have seen their businesses decimated by the pandemic, as global travel demand has all but evaporated overnight. Alaska is no exception. The ...