DJ Southwest Airlines Co. Stock Outperforms Competitors On Strong Trading Day
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Shares of Southwest Airlines Co. $(LUV)$ advanced 2.88% to $26.41 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.91% to 5,064.20 and the Dow Jones Industrial Average rising 0.85% to 38,225.66.
The stock's rise snapped a seven-day losing streak.
Southwest Airlines Co. closed $13.12 short of its 52-week high ($39.53), which the company achieved on July 12th.
The stock outperformed some of its competitors Thursday, as Delta Air Lines Inc. $(DAL)$ rose 2.02% to $51.03, United Airlines Holdings Inc. $(UAL)$ rose 1.99% to $51.68, and American Airlines Group Inc. $(AAL)$ rose 2.06% to $13.86.
Trading volume (14.6 M) eclipsed its 50-day average volume of 9.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2024.
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(END) Dow Jones Newswires
May 02, 2024 17:16 ET (21:16 GMT)
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