Southwest Airlines Co. Stock Outperforms Market On Strong Trading Day
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Shares of Southwest Airlines Co. (LUV) inched 0.33% higher to $39.66 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.03% to 4,620.64 and Dow Jones Industrial Average falling 1.48% to 35,365.44. The stock's rise snapped a six-day losing streak. Southwest Airlines Co. closed $25.09 short of its 52-week high ($64.75), which the company reached on April 14th.
The stock underperformed when compared to some of its competitors Friday, as Delta Air Lines Inc. (DAL) rose 2.12% to $36.56, United Airlines Holdings Inc. (UAL) rose 1.82% to $40.78, and American Airlines Group Inc. (AAL) rose 2.60% to $16.95. Trading volume (15.2 M) eclipsed its 50-day average volume of 8.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 17, 2021.
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December 17, 2021 17:07 ET (22:07 GMT)
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