LATAM Airlines (LTM) Shares Soar 1.45% on Record Traffic, Easing Oil Prices

LATAM Airlines (LTM) shares surged to a record high today, with an intraday gain of 1.45%.

The strategy of buying LTM shares after they reach a recent high and selling them one week later resulted in no return over the past five years. The strategy had a CAGR of 0.00% and an excess return of -28.95%, underperforming the benchmark significantly. Additionally, the strategy had a maximum drawdown of 0.00% and volatility of 0.00%, indicating a risk-averse approach but failing to generate any returns.

LATAM Airlines Group (LTM) reported a significant increase in traffic for June 2025, with revenue passenger-kilometers (RPK) rising by 10.2% year-over-year. This indicates a growth in demand, which could have a positive impact on the company's stock prices.

LATAM Airlines Group S.A. recently performed a 1 for 2000 reverse split and changed its ticker to LTM. This structural change could potentially influence market perception and investor sentiment towards the stock.

Easing oil prices and record air travel demand are benefiting LATAM Airlines, positioning it as a top bet in a resurgent airline industry. These favorable industry conditions could positively influence LTM's stock price.