This Airline Stock Is Soaring in 2026. Elliott Investment Management Reduced Its Stake.

Core Viewpoint - Southwest Airlines' stock has significantly outperformed the broader market in 2026, following Elliott Investment Management's initial investment in the company, but the activist investor is now reducing its stake [1]. Group 1: Company Performance - Shares of Southwest Airlines have outperformed the broader market in 2026 [1]. - Elliott Investment Management held a 9% stake in Southwest Airlines as of the end of January 2026 [1]. Group 2: Investor Activity - Elliott Investment Management is trimming down its stake in Southwest Airlines after more than a year of involvement [1].