Southwest Airlines’ stock surges after activist Elliott says it can ...

Jun 10, 2024  · Southwest Airlines’ stock surges after activist Elliott says it can soar 77% Elliott discloses a large stake, says its plan for new management and strategy could lift the stock to …


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Southwest Airlines’ Stock Surges After Activist Elliott Says It Can ...

1 day from now

Jun 10, 2024  · Southwest Airlines’ stock surges after activist Elliott says it can soar 77% Elliott discloses a large stake, says its plan for new management and strategy could lift the stock to …

marketwatch.com

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Southwest Airlines' Stock Surges After Activist Elliott Says It Can ...

1 day from now

Jun 10, 2024  · By Tomi Kilgore . Elliott discloses a large stake, says its plan for new management and strategy could lift the stock to $49 in 12 months . Shares of Southwest Airlines Co. surged …

morningstar.com

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Southwest Shares Jump 9% After Elliott Takes Nearly $2 Billion

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Jun 10, 2024  · Topline. Shares of Southwest Airlines rose 9% on Monday and headed toward their largest single-day gain in nearly four years, after activist firm Elliott Investment …

forbes.com

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Southwest Airlines' Stock Rises After Activist Investor Elliott Ups Its ...

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Sep 3, 2024  · Southwest Airlines Co.'s stock was up 3.1% on Tuesday, makign it the top gainer in the S&P 500 index, after activist investor Elliott Investment Management disclosed ownership …

morningstar.com

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Southwest's Turnaround Strategy Lifts Shares, Activist Investor Elliott ...

1 day from now

Sep 26, 2024  · Southwest shares rose 5.4% after the announcement but are only up about 4% year to date, a gain that is far shy of 29% for Delta Air , opens new tab and 43% for United …

reuters.com

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Southwest Airlines Lays Out Overhaul, And Stock Gains

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Sep 26, 2024  · Once the airline is revamped, the stock could reach $49 a share within a year, a nearly 77 percent return, Elliott said. Southwest’s share price was just over $30 on Thursday …

nytimes.com

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Southwest Stock Surges 10% As Airline Presents Turnaround Plan

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Sep 26, 2024  · The changes come two days after Elliott threatened to call a special meeting as it tries to push Jordan out. The activist investor announced in June that it had built an 11% stake …

fortune.com

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How Southwest Airlines Became A Target For Activist Investor Elliott ...

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Oct 26, 2024  · Seeing a turnaround opportunity, Elliott Management, an activist hedge fund with an 11% stake in the $18 billion airline, launched an aggressive campaign earlier this year to …

fortune.com

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Southwest Airlines Gets An Activist. Why Elliott Can Only Help

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S outhwest Airlines stock was higher on Monday after activist investor Elliott Investment Management said it had built a $1.9 billion stake, making it one of the company’s largest …

msn.com

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Activist Investor Elliott Calls For Southwest Airlines Leadership ...

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Jun 10, 2024  · (Reuters) -Elliott Investment Management called for leadership and board changes at Southwest Airlines after reporting a stake worth about $1.9 billion in the U.S. carrier, saying …

yahoo.com

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Southwest Airlines Adopts 'poison Pill' After Elliott Management ...

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Jul 3, 2024  · For more, read: Southwest Airlines' stock surges after activist Elliott says it can soar 77% Southwest Chief Executive Bob Jordan has said he would not step down.

morningstar.com

FAQs about Southwest Airlines’ stock surges after activist Elliott says it can ... Coupon?

Did Elliott investment management disclose a large stake in Southwest Airlines?

Southwest Airlines’ stock takes flight after Elliott Investment Management disclosed a large investment. Photo: Southwest Airlines Co. Shares of Southwest Airlines Co. surged Monday toward their best day in nearly fours years, after activist investor Elliott Investment Management L.P. disclosed a large stake in the underperforming airline. ...

Why did Southwest Airlines stock surge Monday?

Southwest Airlines shares surged Monday on word activist investor Elliott Investment Management took a $1.9 billion stake in the carrier and called on its board to make changes. Elliott blamed poor execution and leadership's inability to move the company forward for Southwest's struggling stock price. ...

What happened to Southwest Airlines shares?

The news sent shares of Southwest Airlines 6.8% higher to $29.66 as of 10:27 a.m. ET Monday and into positive territory for 2024. Southwest Airlines shares surged Monday on word activist investor Elliott Investment Management took a $1.9 billion stake in the carrier and called on its board to make changes. ...

Could Southwest Airlines shares rise?

The investor said with the changes it recommends, Southwest shares could soar. Southwest Airlines ( LUV) shares flew higher Monday after activist investor Elliott Investment Management announced it had taken a $1.9 billion stake in the airline and called for a shakeup of the company. ...

Why was southwest's stock up 7%?

Dallas-based Southwest's shares were up 7% at $29.71 after the activist investment management firm disclosed an 11% stake in the company, making it one of the largest investors. Elliott criticized the company's leadership for "disappointing" financial performance at a time when the airline industry is experiencing strong travel demand. ...

Why did Southwest Airlines' shares rise 7% in premarket trade?

REUTERS/Mike Blake (Reuters) - Southwest Airlines' shares rose about 7% in premarket trade on Monday after the Wall Street Journal reported that activist investor Elliott Investment Management had built a nearly $2 billion stake in the U.S. carrier. ...

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