Southwest's Gary Kelly flew the company through pandemic turbulence, but will an activist attack bring it all crashing down? [Fortune]
Southwest Airlines Company (LUV)
Last southwest airlines company earnings: 4/28 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
investors.southwest.com
Company Research
Source: Fortune
growth plan that stewarded Southwest through the worst of the pandemic. Now the longtime executive is facing a new challenge, with the activist investment firm Elliott Management seeking push him out, along with CEO Bob Jordan. On Wednesday, Southwest disclosed in a press release that it would adopt a shareholder rights plan that would dilute Elliott's power if the firm exceeded 12.5% ownership of Southwest's outstanding stock—a so-called “poison pill.” Elliott announced it had taken an 11% stake in Southwest in June. Southwest shares are trading flat on Wednesday at the time of publication, although they are down roughly 18% from a six-month high of almost $35 on March 7. “ Southwest Airlines has made a good faith effort to engage constructively with Elliott Investment Management since its initial investment and remains open to any ideas for lasting value creation,” Kelly said in a statement. “We are confident that we have the right strategy, the right plan, and the right team in
Show less
Read more
Impact Snapshot
Event Time:
LUV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LUV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LUV alerts
High impacting Southwest Airlines Company news events
Weekly update
A roundup of the hottest topics
LUV
News
- NASA astronauts spend unexpected July 4 on the International Space Station [Los Angeles Times (CA)]Los Angeles Times
- Eurasia Group's Ian Bremmer says Labour's landslide election win will boost U.K. business [Fortune]Fortune
- Airline Stock Roundup: AAL's Deal With ZeroAvia, RYAAY's Upbeat June Traffic [Yahoo! Finance]Yahoo! Finance
- Cuban-American business leader gets her face on the Nasdaq screen in Times Square [Yahoo! Finance]Yahoo! Finance
- Southwest's Gary Kelly flew the company through pandemic turbulence, but will an activist attack bring it all crashing down? [Yahoo! Finance]Yahoo! Finance
LUV
Earnings
- 4/25/24 - Miss
LUV
Sec Filings
- 7/3/24 - Form 8-A12B
- 7/3/24 - Form 8-K
- 6/26/24 - Form 8-K
- LUV's page on the SEC website