Southwest Airlines: Elliott Had Easier Options
Southwest Airlines(LUV) Seeking Alpha·2024-06-12 00:38
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 i ...