Shares of Southwest Airlines Company (NYSE:LUV) traded today at $60.35, eclipsing its 52-week high. Approximately 8.8 million shares have changed hands today, as compared to an average 30-day volume of 9.1 million shares.
Based on a current price of $60.12, Southwest Airlines Company is currently 5.3% above its average consensus analyst price target of $56.92.
Southwest Airlines Company share prices have moved between a 52-week high of $60.35 and a 52-week low of $22.46 and are now trading 168% above that low price at $60.12 per share.
Southwest Airlines is the largest domestic carrier in the United States, as measured by the number of originating passengers boarded. Southwest operates over 700 aircraft in an all-Boeing 737 fleet. Despite expanding into longer routes and business travel, the airline still specializes in short-haul leisure flights, using a point-to-point network. Southwest operates a low-cost carrier business model.
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