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Aviation Blog

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

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Shares of Southwest Airlines Co. LUV, -0.68% sank 0.68% to $48.53 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.34% falling 0.34% to 4,520.03 and Dow Jones Industrial Average DJIA, -0.76% falling 0.76% to 35,100.00. This was the stock’s second consecutive day of losses. Southwest Airlines Co. closed $16.22 below its 52-week high ($64.75), which the company achieved on April 14th.
The stock underperformed when compared to some of its competitors Tuesday, as Delta Air Lines Inc. DAL, +0.25% rose 0.25% to $40.35, United Airlines Holdings Inc. UAL, +0.76% rose 0.76% to $46.57, and American Airlines Group Inc. AAL, +0.83% rose 0.83% to $19.53. Trading volume (6.4 M) remained 921,214 below its 50-day average volume of 7.3 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.
Legendary investor George Soros has taken aim against index powerhouse BlackRock for a second time, blasting the fund manager over its stance on Chinese investments.

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