Atlas Air Fully Valued After 13% Move?
- Monday, September 28, 2020, 7:11
- Market
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After the 13% rally in the past couple weeks, Atlas Air stock looks fully valued based on its historic P/E multiples. Atlas stock has rallied from $16 in March to $61 at present, compared to the S&P which gained 51%. The stock has outperformed broader markets primarily due to increased demand for…