Southwest Airlines Co. Stock Rises Wednesday, Still Underperforms Market
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Shares of Southwest Airlines Co. (LUV) inched 0.61% higher to $41.12 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.02% to 4,696.56 and the Dow Jones Industrial Average rising 0.74% to 35,753.89. This was the stock's second consecutive day of gains. Southwest Airlines Co. closed $23.63 below its 52-week high ($64.75), which the company achieved on April 14th.
The stock underperformed when compared to some of its competitors Wednesday, as Delta Air Lines Inc. (DAL) rose 1.58% to $39.13, United Airlines Holdings Inc. (UAL) rose 1.46% to $44.57, and American Airlines Group Inc. (AAL) rose 0.77% to $18.26. Trading volume (8.6 M) remained 433,608 below its 50-day average volume of 9.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 22, 2021.
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December 22, 2021 17:08 ET (22:08 GMT)
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