Here’s What a $1000 Investment in Alaska Air Gr Two Decades Ago Would Be Valued at Now
Alaska Air Group's Two-Decade Market Journey
Over the last 20 years, Alaska Air Group (NYSE: ALK) has consistently outpaced the broader market, achieving an average annual return of 9.87%—1.1% higher than the market benchmark. The company currently holds a market value of $5.78 billion.
What If You Invested $1,000 in ALK 20 Years Ago?
Imagine putting $1,000 into ALK shares two decades ago. Today, that investment would have grown to $6,574.26, based on the current share price of $49.83.
ALK's 20-Year Performance Snapshot
This example highlights the powerful impact of compound growth on long-term investments. Over time, compounding can significantly increase the value of your portfolio.
Stock Overview: Alaska Air Group Inc (ALK)
- Symbol: ALK
- Company Name: Alaska Air Group Inc
- Current Price: $49.83
- Recent Change: +0.06%
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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