Southwest Airlines: Elliott Still Trying Too Hard
Southwest Airlines(LUV) Seeking Alpha·2024-09-04 15:49Boarding1Now Elliott Investment Management has pushed Southwest Airlines Co. (NYSE:LUV) to make corporate changes to drive improved shareholder returns. The airline struggled in the last decade as legacy airlines have improved operations and the business became stale. My investment thesis remains Bullish on the stock due to the cheap valuation, but the activist investor has simpler paths to solid returns in the sector. Source: Finviz Special Meeting According to Reuters, Elliott now owns 11% of the outstand ...