Southwest Airlines Co. Stock Falls Monday, Still Outperforms Market
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Shares of Southwest Airlines Co. (LUV) shed 0.76% to $39.36 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.14% to 4,568.02 and Dow Jones Industrial Average falling 1.23% to 34,932.16. Southwest Airlines Co. closed $25.39 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 Monday, as Delta Air Lines Inc. (DAL) fell 0.52% to $36.37, United Airlines Holdings Inc. (UAL) rose 0.78% to $41.10, and American Airlines Group Inc. (AAL) rose 2.06% to $17.30. Trading volume (12.2 M) eclipsed its 50-day average volume of 9.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2021.
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December 20, 2021 17:07 ET (22:07 GMT)
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