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Based in Dallas, Texas, Southwest Airlines Co. (LUV) is a passenger airline company that provides scheduled air transportation services. With a market cap of 14.5 billion, the company specializes in providing short-haul, high-frequency, point-to-point, and low-fare services.
Shares of this airline company have significantly underperformed the broader market over the past 52 weeks. LUV has declined 27.7% over this time frame, while the broader S&P 500 Index ($SPX) has gained 15.1%. In 2024 alone, shares of LUV are down 15.6%, compared to SPX's 9% gain on a YTD basis.
