From Alphastreet - Earnings Decoded. Market Intelligence Delivered · AlphaStreet Newsdesk · · 40s
Southwest Airlines Rises 5.8% in Airline Sector Rally
Southwest Airlines shares jumped 5.8% Tuesday as airline stocks surged across the sector.
In brief
Southwest Airlines shares jumped 5.8% Tuesday as airline stocks surged across the sector. Southwest Airlines shares rose 5.8% on Tuesday amid a sector-wide rally in airline stocks. Originally reported by Alphastreet - Earnings Decoded. Market Intelligence Delivered.
Southwest Airlines Shares Surge
Southwest Airlines surged 5.8% on Tuesday, riding a powerful rally across the airline sector.
Sector-Wide Rally Strengthens
Shares of the Dallas-based carrier climbed to $41.04 on volume of 1.3M shares as investors piled into airline stocks broadly.
Analyst Caution vs. Market Momentum
The rally comes despite recent analyst caution on the stock, with one analyst price target cut and zero raises over the past seven days.
What matters most
Southwest Airlines shares rose 5.8% on Tuesday amid a sector-wide rally in airline stocks.
