We also talk about -- what else? -- tall buildings. Really, really tall buildings. In this podcast, Motley Fool analyst Asit Sharma and host Dylan Lewis discuss: Why Elliot Management is looking to shake up leadership at Southwest after taking a 10%+ stake in the airline. Nvidia's stock split, and why this one may matter more than most. The new names in the S&P 500 -- CrowdStrike, KKR, and GoDaddy -- and what they say about the state of the market. Are the world's tallest buildings ego projects or promising ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Access your favorite topics in a personalized feed while you're on the go. download the app Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Activist firm Elliott Investment Management has taken a $1.9 billion stake in Southwest Airlines and has ...

DALLAS, June 18, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) continues its birthday celebration with a sale on flights starting as low as $53 one-way in honor of the carrier turning 53. Starting today through June 20, 2024, Customers can book these fares for their next getaway for continental U.S. travel between August 6 and December 18, 2024, and Hawaii, international, and San Juan, Puerto Rico travel between August 20 and November 20, 2024. Restrictions, exclusions, and blackout dates apply. S ...

The Federal Aviation Administration is investigating after a Southwest Airlines flight reportedly plunged to “within 400ft” of the Pacific Ocean during a flight. A memo distributed to Southwest pilots, obtained by Bloomberg, said that the Boeing 737 Max 8 plunged at a rate of 4,000ft a minute off the coast of Hawaii, coming within hundreds of feet of the ocean before climbing to safety. News of the incident comes as investigators said a Southwest-operated Boeing 737 Max 8 sustained significant damage after ...

MILWAUKEE, June 12, 2024 (GLOBE NEWSWIRE) -- The Artisan Partners Global Value Team today sent a letter to the Board of Directors of Southwest Airlines Co. (NYSE:LUV). The full text of the letter is as follows: June 12, 2024 The Board of Directors Southwest Airlines Co. 2702 Love Field Drive Dallas, TX 75235-1611 Dear Members of the Board: We are writing to you on behalf of the Global Value investment team at Artisan Partners Limited Partnership. Currently, our discretionary investment management clients co ...

Southwest Airlines CEO Bob Jordan said Wednesday he will not resign as the air carrier faces pressure from activist investor Elliott Investment Management.. “We want to understand what their ideas are, they may have great ideas,” Jordan told reporters in Washington after an event. “At the end of the day, we are going to treat Elliott like any other investor. We’ll sit down and listen to them…. Southwest is a great company. We have a great plan and will execute.” Elliott on Monday called for leadership and b ...

Southwest Airlines CEO Bob Jordan said Wednesday he has no intention of stepping down despite pressure from activist Elliott Investment Management. Jordan, who has served as the carrier’s CEO since February 2022, made the comment on Wednesday while speaking with journalists after an industry-related event. Jordan has received harsh criticism from Elliott, which earlier this week urged Southwest to replace him and Executive Chairman Gary Kelly with new leaders from outside the company. SOUTHWEST SHARES JUMP ...

Southwest Airlines CEO Bob Jordan said the company is ready to adapt to changing customer trends like premium seating as pressure from an activist investor mounts. "We will adapt as our customers' needs adapt," Jordan said at an industry event hosted by Politico on Wednesday. Jordan's comments came two days after hedge fund Elliott Management disclosed a $1.9 billion stake in Southwest and said the carrier needs a new CEO and new chairman. Jordan told investors in April that the airline is considering major ...

After a long year and a half of trading within a tight $27 to $35 channel roughly, shares of Southwest Airlines Co. NYSE: LUV have finally run into the catalyst investors were looking for to bring this company back to its former glory what some may even call its actual value. Southwest Airlines Today LUV Southwest Airlines $28.05 -1.65 (-5.56%) 52-Week Range $21.91 ▼ $39.53 Dividend Yield 2.57% P/E Ratio 44.52 Price Target $29.88 Add to Watchlist Activist investo ...

rypson Elliott Investment Management made a large investment in Southwest Airlines Co. (NYSE:LUV) due to huge underperformance by the airline. The ironic part is that the better performing airline stocks are incredible bargains and don't require strategic turnarounds to work. My investment thesis is Bullish on the stock due to expected higher margins and profits over time. Source: Finviz Big Upside Potential Elliott invested $1.9 billion in Southwest Airlines, calling for an upgrade in leadership to improve ...