Read this if you are invested in Southwest Airlines (LUV)
What’s up with Southwest Airlines?
Southwest Airlines (LUV) opened at $27.23, which means the stock is down 5.71% from yesterday’s closing price of 29.23. Today, the company has a high of $27.94 and a low of $26.50. The company has a market cap of $15.95 billion with a 52-week high of $58.83 and a 52-week low of $26.50.
What about the future for Southwest Airlines?
The high forecast for Southwest Airlines is 55.00 while the low is 32.00. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. Southwest Airlines has a strong forecast. A strong forecast is a result of strong earning reports as investors are willing to pay a higher share price today because of growth expectations in the future.. Based on this information LUV seems to be a safe buy.
About Southwest Airlines
Southwest Airlines Co. engages in the management of a passenger airline. It offers ancillary services such as earlybird check-in, upgraded boarding, and transportation of pets and unaccompanied minors. It operates in U.S. states, District of Columbia, the Commonwealth of Puerto Rico, Mexico, Jamaica, The Bahamas, Aruba, Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. The company was founded by Rollin W. King and Herbert D. Kelleher on March 15, 1967 and is headquartered in Dallas, TX.