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Why Southwest Airlines Stock Was Grounded in 2021

TheMotleyFool

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Why Southwest Airlines Stock Was Grounded in 2021

The market had a great year in 2021 in part on growing investor confidence that the pandemic would not wreck the economy. But Southwest Airlines (NYSE: LUV), one of the companies most impacted by COVID-19, failed to go along for the ride. Shares of Southwest finished the year down 8%, according to data provided by S&P Global Market Intelligence, losing to the S&P 500 by more than 34 percentage points.