Southwest Airlines shares are trading lower after the company guided Q3 unit revenue to be flat to down 2%.
Portfolio Pulse from Benzinga Newsdesk
Southwest Airlines shares are trading lower after the company guided Q3 unit revenue to be flat to down 2%.
July 25, 2024 | 10:50 am
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Southwest Airlines shares are trading lower after the company guided Q3 unit revenue to be flat to down 2%. This guidance indicates potential challenges in revenue growth, which is likely causing investor concern.
The guidance of flat to down 2% unit revenue for Q3 suggests that Southwest Airlines may face challenges in revenue growth. This negative outlook is likely causing the stock to trade lower as investors react to the potential for weaker financial performance.
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