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Aviation Blog

Southwest Airlines Co. stock underperforms Tuesday when compared to competitors despite daily gains – MarketWatch

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Shares of Southwest Airlines Co. LUV, +1.24% advanced 1.24% to $49.78 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.13% falling 0.13% to 4,522.68 and Dow Jones Industrial Average DJIA, -0.11% falling 0.11% to 35,360.73. Southwest Airlines Co. closed $14.97 short of its 52-week high ($64.75), which the company reached on April 14th.
The stock underperformed when compared to some of its competitors Tuesday, as Delta Air Lines Inc. DAL, +1.33% rose 1.33% to $40.44, United Airlines Holdings Inc. UAL, +1.31% rose 1.31% to $46.51, and American Airlines Group Inc. AAL, +2.20% rose 2.20% to $19.94. Trading volume (6.4 M) remained 1.1 million below its 50-day average volume of 7.4 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
This isn't the first time Bernard Arnault, the head of the sprawling luxury conglomerate LVMH, has been crowned the world's richest person.

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