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Why Southwest Airlines Stock Is Flying Higher Today

TheMotleyFool 
0 0 10.06.24
Why Southwest Airlines Stock Is Flying Higher TodayPhoto, wide shot, wide-angle lens, Logistics company, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/a16a79c7-f73c-405d-ba63-e8d69b66ce4e.png
 

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.

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Source Fool.com

Southwest Airlines Co. Stock

€34.40
0.730%
The Southwest Airlines Co. stock is trending slightly upwards today, with an increase of €0.25 (0.730%) compared to yesterday's price.
Currently there is a rather positive sentiment for Southwest Airlines Co. with 28 Buy predictions and 11 Sell predictions.
With a target price of 41 € there is a slightly positive potential of 19.19% for Southwest Airlines Co. compared to the current price of 34.4 €.
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