Shares of Southwest Airlines Co. LUV rallied 1.54% to $30.27 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.08% to 43,461.21 and the S&P 500 Index SPX falling 0.50% to 5,983.25.
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Wall Street pointed toward gains before the opening bell Tuesday as earnings season winds down during a holiday-shortened trading week. Futures for the S&P 500 and Nasdaq each rose 0.3%. Futures for the Dow Jones Industrial Average ticked up 0.
Southwest Airlines to cut 1,750 corporate positions in first nonvoluntary layoffs in 53-year history
Move comes as airline seeks to cut costs and create a leaner company able to compete Southwest Airlines Co.'s stock rose 2.4% early Tuesday, after the carrier said it's cutting 1,750 corporate ...
Investors, shrugging off ongoing concerns around trade and inflation, are searching for the next catalyst to send stocks higher.
Also, the average Southwest Airlines price target of $32.97 implies 8.9% upside potential from current levels. Year to date, LUV stock has lost 9.9%. See more LUV analyst ratings Disclosure Boeing ...
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