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Alaska Air Group Inc. ALK, -11.09% disclosed Tuesday that it raised it guidance for first-quarter economic fuel cost to $2.60 to $2.65 per gallon from $2.45 to $2.50 per gallon. The air carrier’s stock, which has tumbled 17.0% over the past three days to close Monday at a 16-month low, was indicated up more than 3% in premarket trading.
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