Southwest Airlines Stock Plunges 16% in 16 Days
The Motley Fool
JULY 29, 2023
Earlier this month, shares of Southwest Airlines (NYSE: LUV) were nearing a 52-week high, as investors grew more confident about the airline industry's post-pandemic recovery. That optimism has disappeared almost overnight. Southwest Airlines stock has fallen 16% since topping out on July 11, punctuated by a 9% drop after its earnings report on Thursday.
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