Here's Why Southwest Airlines (LUV) Stock Is Moving
Portfolio Pulse from Henry Khederian
Southwest Airlines Co (LUV) shares are trading higher by 3.82% to $35.30, potentially in sympathy with Delta Air Lines, which raised its Q2 and 2023 guidance. Delta anticipates revenue growth of 17%-18% for Q2 2023, up from the previous forecast of 15%-17%. For the full fiscal year 2023, the company now anticipates revenue growth of 17%-20%, up from the previous forecast of 15%-20%.
June 27, 2023 | 5:48 pm
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Southwest Airlines' stock is trading higher, potentially due to Delta Air Lines' raised Q2 and 2023 guidance.
Southwest Airlines' stock is trading higher, potentially due to Delta Air Lines' raised Q2 and 2023 guidance. This suggests that investors are optimistic about the airline industry's prospects, which could positively impact Southwest Airlines' stock in the short term.
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