Atlas Air Worldwide Holdings (AAWW) Shares are Up 0.43%

Atlas Air Worldwide Holdings (AAWW) has been under a strong bear grip, hence the stock is down -17.41% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.46% in the past 1 week. The stock has risen by 0.43% in the past week indicating that the buyers are active at lower levels, but the stock is down -17.09% in the past 4 weeks.

Atlas Air Worldwide Holdings, Inc. has dropped 20.68% during the last 3-month period . Year-to-Date the stock performance stands at -15.75%. The stock has recorded a 20-day Moving Average of 8.81% and the 50-Day Moving Average is 14.31%.


Atlas Air Worldwide Holdings (NASDAQ:AAWW): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $34.57 and $34.22 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $35.03. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.83, notching a gain of 0.40% for the day. The total traded volume was 240,148 . The stock had closed at $34.69 on the previous day.

Atlas Air Worldwide Holdings, Inc. (AAWW) is a holding company with a principal wholly owned operating subsidiary, Atlas Air, Inc. (Atlas). The Company is a global provider of outsourced aircraft and aviation operating services, operating a fleet of around 747 freighters, as well as operating 747 and 767 passenger aircraft and 767 freighters. It operates through three segments: ACMI, Charter and Dry Leasing. The ACMI segment provides aircraft, crew, maintenance and insurance services to customers. Also included in the ACMI segment is CMI, which provides crew, maintenance and insurance services. The Charter segment provides full planeload air cargo and passenger aircraft charters to customers, including the air mobility command (AMC), brokers, freight forwarders, direct shippers, airlines, sports teams and fans, and private charter customers. The Dry Leasing segment provides the leasing of aircraft and engines to customers, and operates through Titan, a cargo aircraft dry lessor.

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