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Southwest Airlines Company (NYSE:LUV) shares are trading higher in the premarket session on Thursday. In an exchange filing, the company said it has authorized a new $2.5 billion share repurchase ...
Southwest’s stock price has plunged by over 50% in the last three years, versus Delta Air Lines, Inc’s (NYSE:DAL) 8% increase, and United Airlines Holdings Inc’s (NASDAQ:UAL) 8% decline.
On Thursday, Southwest Airlines Company (NYSE:LUV) shares traded higher after the company announced it will launch a $750 million stock buyback program in the first quarter of 2025. The move ...
But 'active inertia' hobbled the stock and precipitated a leadership crisis. ... and its share price is down 50% compared to 2021. ... Southwest Airlines and Elliott Management declined to comment.
Southwest's stock price had lost 50% of its market value in the three years to June 7 when it closed at $27.75, just before Elliott's investment in the airline became known on June 10. It closed ...
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Headwinds like soft bookings and rising fuel costs persistently weigh on Southwest Airlines (LUV), resulting in the stock's decline.
Southwest Airlines stock has been knocked down by a number of headwinds this year. But the company still has a high profit margin and plenty of room to grow. It could even be an acquisition target ...