DJ Southwest Airlines Co. Stock Underperforms Thursday When Compared To Competitors
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Shares of Southwest Airlines Co. $(LUV)$ slumped 0.27% to $29.19 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.11% to 5,254.35 and the Dow Jones Industrial Average rising 0.12% to 39,807.37.
Southwest Airlines Co. closed $10.34 below its 52-week high ($39.53), which the company reached on July 12th.
The stock underperformed when compared to some of its competitors Thursday, as Delta Air Lines Inc. $(DAL)$ rose 1.18% to $47.87, United Airlines Holdings Inc. $(UAL)$ rose 1.35% to $47.88, and American Airlines Group Inc. $(AAL)$ rose 0.33% to $15.35.
Trading volume (9.9 M) eclipsed its 50-day average volume of 8.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 28, 2024.
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(END) Dow Jones Newswires
March 28, 2024 17:15 ET (21:15 GMT)
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