What’s Next For Southwest Stock After Elliott Management

Jun 10, 2024 · Southwest Airlines (NYSE: LUV) stock will be in focus on Monday, June 10, after reports of Elliott Management building a position of $2 billion in the airline has emerged.

CouponFollow Extension

$2
OFF

What’s Next For Southwest Stock After Elliott Management

1 day from now

Jun 10, 2024 · Southwest Airlines (NYSE: LUV) stock will be in focus on Monday, June 10, after reports of Elliott Management building a position of $2 billion in the airline has emerged.

forbes.com

9%
OFF

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

1 day from now

Jun 10, 2024 · 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 Management …

forbes.com

1%
OFF

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

1 day from now

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

$1
OFF

Activist Investor Elliott Calls For Southwest Airlines Leadership ...

1 day from now

Jun 10, 2024 · 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 …

reuters.com

$1
OFF

Activist Investor Takes $1.9 Billion Stake In Southwest Airlines

1 day from now

Jun 10, 2024 · Elliott Investment Management announced Monday it has taken a $1.9 billion stake in Southwest Airlines and said there needs to be new leadership at the Dallas-based carrier.

cnn.com

$65
OFF

Elliott Sends Letter And Presentation To The Board Of Southwest …

1 day from now

Jun 10, 2024 · Elliott Investment Management L.P. (together with its affiliates, "Elliott") manages approximately $65.5 billion of assets as of December 31, 2023. Founded in 1977, it is one of …

prnewswire.com

$69000
OFF

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

1 day from now

Oct 26, 2024 · Southwest Airlines and Elliott Management declined to comment. ... $69,000 worth of Apple stock he bought on advice from his contractor ... Jamie Dimon says the next …

fortune.com

8%
OFF

Activist Elliott Lays Out How To Fix Southwest Airlines And Its Stock ...

1 day from now

Aug 26, 2024 · Despite the recent rally, Southwest's stock has lost 9.8% over the past 12 months, while the U.S. Global Jets exchange-traded fund (JETS) has slipped 3.3% and the S&P 500 …

morningstar.com

FAQs about What’s Next For Southwest Stock After Elliott Management Coupon?

Did Elliott investment management buy Southwest Airlines?

Southwest Airlines’ stock surged toward their best day in more than two years Monday, after The Wall Street Journal reported activist investor Elliott Investment Management has amassed a near $2 billion stake in the airline. ...

When will Southwest Airlines stock be in focus?

(Photo by AaronP/Bauer-Griffin/GC Images) Southwest Airlines (NYSE: LUV) stock will be in focus on Monday, June 10, after reports of Elliott Management building a position of $2 billion in the airline has emerged. ...

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. ...

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. ...

Is Elliott a 'largest' investor in Southwest Airlines?

The stake makes Elliott one of Southwest’s largest investors, the WSJ report said, citing people familiar with the matter. As such, Elliott plans to engage with management and push for changes to improve the fortunes of the underperforming airline. Southwest did not immediately respond to a request for comment. ...

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. ...