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Shares of Southwest Airlines Co. (LUV) rallied 2.71% to $44.00 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.64% to 4,796.56 and the Dow Jones Industrial Average rising 0.68% to 36,585.06. This was the stock's third consecutive day of gains. Southwest Airlines Co. closed $20.75 below 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) rose 3.10% to $40.29, United Airlines Holdings Inc. (UAL) rose 3.91% to $45.49, and American Airlines Group Inc. (AAL) rose 4.40% to $18.75. Trading volume (10.5 M) eclipsed its 50-day average volume of 9.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 3, 2022.
(END) Dow Jones Newswires
January 03, 2022 17:07 ET (22:07 GMT)
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