Spread Of Coronavirus Worldwide Leads Investors To Pull Ripcord On Airline Stocks [Forbes]
Southwest Airlines Company (LUV)
Last southwest airlines company earnings: 4/28 06:00 am
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Source: Forbes
They old saying is that “when America sneezes, the world gets a cold,” but based on trading in global markets on Monday, maybe it should be re-stated as “when Italy gets coronavirus, the world’s big airlines catch pneumonia.” Of the three big U.S. airlines with (temporarily greatly reduced) service to and from China, American suffered the most in trading Monday amid a cargo carrier-sized load of negative news related to the spread of coronavirus, or COVID-19 as it officially has been named by the World Health Organization. American lost $2.37 a share, or 8.52% to close at $25.45. Delta lost 6.29% of its shares’ value, or $3.64 to close at $54.23 while shares of United, which normally has the most service among U.S. carriers to China, lost a relatively minor 3.26% to close at $75.47. Southwest, which as a mostly domestic carrier with only a small amount of service to so-called “near foreign” markets, fell 4.25% to close at $54.11. Spirit, another domestic -focused deep discounter dropp
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LUV
Earnings
- 10/24/24 - Beat
LUV
Sec Filings
- 12/16/24 - Form POSASR
- 12/10/24 - Form 4
- 12/6/24 - Form 144
- LUV's page on the SEC website