Southwest Airlines has warned employees that it will soon make tough decisions as part of a strategy to restore profits and counter demands from activist investor Elliott Investment Management, Bloomb

Why Southwest's Stock Underperformed By 50%

06:00am, Friday, 20'th Sep 2024
Southwest Airlines (NYSE: LUV) has lost 10% in value since early January 2023 - falling from levels of around $32 then to under $29 now - underperforming the S&P 500 by more than 50% over this period.

Southwest Airlines Co. 2024 Investor Day

10:37pm, Thursday, 19'th Sep 2024
DALLAS , Sept. 19, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its 2024 Investor Day.
Southwest Airlines' Flight Simulator Technicians secure a new deal, ensuring higher wages and enhanced benefits.

Are Activists Helping Southwest Investors?

06:43pm, Tuesday, 17'th Sep 2024
The airline is keeping its CEO, but losing a large chunk of its board. In the fight with Elliott Management, who's winning?
Activist investor Elliott Investment Management told one of Southwest Airlines' top unions it still wants to replace CEO Robert Jordan, according to a union memo seen by Reuters, even after the carrie
As we move into the final stretch of 2024, many investors may be asking themselves: Is it time to give airline stocks another look? According to a new report from Bank of America (BofA), the answer mi
Flight Simulator Technicians Approve New Contract; All Labor Contracts Now Successfully Ratified DALLAS , Sept. 16, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) and the International Broth
Gary Kelly, LUV's executive chair, and six board members announce their decision to step down.
Southwest said six directors will leave the board in November and it plans to appoint four new, independent directors, potentially including candidates put forward by Elliott.
The tentative deal, inked with the union representing LUV's flight simulator technicians, will now be voted upon.
Southwest Airlines (LUV) shares fell in intraday trading Tuesday as the carrier facing pressure from activist investor Elliott Investment Management announced the exit of its former Chief Executive Of
WEST PALM BEACH, Fla. , Sept. 10, 2024 /PRNewswire/ -- Elliott Investment Management L.P.
Southwest Airlines' stock was headed higher Tuesday after Executive Chairman Gary Kelly announced plans to retire as part of a continued board “refreshment” at the airline, following urging from a
Southwest Chair Kelly to step down next year as activist Elliott pushes for changes at airline
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE