Southwest Airlines Co. Stock Outperforms Market On Strong Trading Day
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Shares of Southwest Airlines Co. (LUV) rallied 3.33% to $45.35 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.41% to 4,677.03 and Dow Jones Industrial Average falling 0.01% to 36,231.66. The stock's rise snapped a two-day losing streak. Southwest Airlines Co. closed $19.40 below its 52-week high ($64.75), which the company achieved on April 14th.
The stock underperformed when compared to some of its competitors Friday, as Delta Air Lines Inc. (DAL) rose 3.49% to $41.51, United Airlines Holdings Inc. (UAL) rose 3.36% to $47.31, and American Airlines Group Inc. (AAL) rose 3.82% to $19.28. Trading volume (7.5 M) remained 1.7 million below its 50-day average volume of 9.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 7, 2022.
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January 07, 2022 17:07 ET (22:07 GMT)
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