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Why Southwest stock is down while American Airlines is soaring
Yahoo Finance· 2025-10-26 01:47
At the end of the day on Friday, Southwest Airlines ended the week starting on Oct. 20 with its shares down 4.79% at $32.20. On Oct. 22, the Dallas-based airline published third-quarter earnings of 11 cents per adjusted share. Revenue rose 1.1% to $6.95 billion while forecasters' averages predicted $6.92 and an adjusted loss of four cents. Immediately after the announcement, Southwest stock fell by 7.5% as investors were not convinced by chief executive Bob Jordan's message of how the airline's decision ...