Southwest Airlines Stock Plunges 15.4% in 6 Months: Buy the Dip?

Shares of Dallas, TX-based airline heavyweight Southwest Airlines Co. (LUV) ) have not had a good time on the bourses of late, declining in double-digits over the past 180 days. The disappointing price performance resulted in LUV underperforming its industry in the said time frame as well as the S&P 500, of which the airline is a key member. Additionally, LUV’s price performance compares unfavorably with that of fellow U.S. airline operators United Airlines (UAL) and Alaska Air Group, Inc. (ALK) in the same ...