Why Southwest Airlines Stock Is Flying Higher Today
Southwest Airlines (NYSE: LUV) has badly underperformed its rivals so far in 2024, prompting a prominent activist to get involved.
Shares of the airline traded up 7% at the open Monday after Elliott Investment Management confirmed a $1.9 billion stake in the company.
Southwest has been flying into headwinds of late. The company's shares coming into trading Monday were flat for the year, compared to up 28% and 25% at United Airlines Holdings and Delta Air Lines, respectively.
Source Fool.com
Southwest Airlines Co. Aktie
25,96 €
1,34 %
Southwest Airlines Co. ist ein kleiner Community-Favorit mit mehr Buy- als Sell-Einschätzungen.
Ein prognostiziertes Kursziel von 33 € für Southwest Airlines Co. zeigt ein Potenzial von über 20% im Vergleich zum aktuellen Kurs von 25.96 €.
