DJ Southwest Airlines Co. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Southwest Airlines Co. $(LUV)$ rallied 1.70% to $29.95 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.12% to 5,842.63 and the Dow Jones Industrial Average rising 1.14% to 43,006.59.
The stock's rise snapped a two-day losing streak.
Southwest Airlines Co. closed 17.08% below its 52-week high of $36.12, which the company achieved on December 5th.
The stock underperformed when compared to some of its competitors Wednesday, as Delta Air Lines Inc. $(DAL)$ rose 3.80% to $56.77, United Airlines Holdings Inc. $(UAL)$ rose 5.87% to $91.27, and American Airlines Group Inc. $(AAL)$ rose 5.54% to $14.09.
Trading volume (10.3 M) eclipsed its 50-day average volume of 8.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 5, 2025.
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(END) Dow Jones Newswires
March 05, 2025 17:11 ET (22:11 GMT)
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