Southwest Airlines shares could recover from recent descent: Barron's
11 Jun 2018 20:35:39
finance.yahoo.com
Southwest Airlines Co <LUV.N> shares could be poised to climb sharply after a series of setbacks hit the stock harder than that of other major airlines this year, Barron's reports.
The shares began their descent in January and the decline continued after a passenger died when an engine broke apart during a flight in April.
Fewer people are now booking on the Dallas-based carrier, a slowdown Southwest said stemmed mainly from its own reduction in advertising after the tragedy, the first U.S. airline death since 2009, Barron's said.
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