Southwest Airlines Co. Stock Falls Thursday, Underperforms Market
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Shares of Southwest Airlines Co. (LUV) sank 0.23% to $43.89 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.10% to 4,696.05 and Dow Jones Industrial Average falling 0.47% to 36,236.47. This was the stock's second consecutive day of losses. Southwest Airlines Co. closed $20.86 below 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 Thursday, as Delta Air Lines Inc. (DAL) fell 0.42% to $40.11, United Airlines Holdings Inc. (UAL) fell 0.02% to $45.77, and American Airlines Group Inc. (AAL) fell 0.59% to $18.57. Trading volume (6.6 M) remained 2.5 million below its 50-day average volume of 9.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 6, 2022.
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January 06, 2022 17:07 ET (22:07 GMT)
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