Alaska air stock prices

[NewHampshire Black Bears]

With all the "major's" stock's going swiftly into the "Shetter"(CO's at $8, while everyone else is way below them), a question.

Though their stock is dropping also, WHY is Alaska's stock price 2 1/2 times MORE than everyone else ?

Is it because THEY are the "only game in town" up there, in an area where air service is the lone link to (so called) civilization ??

 

[BoeingBoy]

Though their stock is dropping also, WHY is Alaska's stock price 2 1/2 times MORE than everyone else ?

For someone who occasionally opines on financial matters, I'm surprised you need to ask.

The per share price is not just a reflection of what Wall Street thinks of a company's finances but also the number of shares outstanding. AS has ~36 million shares outstanding while AA has ~279 million. So despite the disparity in per share value, AA has a higher market cap than AS.

Jim

 

[NewHampshire Black Bears]

For someone who occasionally opines on financial matters, I'm surprised you need to ask.

The per share price is not just a reflection of what Wall Street thinks of a company's finances but also the number of shares outstanding. AS has ~36 million shares outstanding while AA has ~279 million. So despite the disparity in per share value, AA has a higher market cap than AS.

Jim

Thanx..BB..for that info. !!!