Hawaiian Hits Oct. 2022 High as DOJ Review Further Extended (1)

(Adds HA and ALK shares.)

Hawaiian Holdings shares gain as much as 7.6%, reaching their highest intraday level since October 2022, after the airline operator and Alaska Air Group agreed with the DOJ to further extend the merger review process and continue to cooperate with the federal agency.

• HA shares on track for six straight sessions of gains; longest streak since Dec. 28
• Alaska Air shares jump as much as 3.3%
• Review period was earlier extended until Aug. 16
• NOTE: Alaska Air to Buy Hawaiian Airlines for $18/Shr: M&A Snapshot

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