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Shares of Southwest Airlines Co. (LUV) slid 1.50% to $43.99 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.94% to 4,700.58 and Dow Jones Industrial Average falling 1.07% to 36,407.11. The stock's fall snapped a four-day winning streak. Southwest Airlines Co. closed $20.76 short of its 52-week high ($64.75), which the company achieved on April 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Delta Air Lines Inc. (DAL) fell 0.76% to $40.28, United Airlines Holdings Inc. (UAL) fell 1.02% to $45.78, and American Airlines Group Inc. (AAL) fell 1.79% to $18.68. Trading volume (9.7 M) eclipsed its 50-day average volume of 9.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 5, 2022.
(END) Dow Jones Newswires
January 05, 2022 17:07 ET (22:07 GMT)
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