Southwest Airlines (LUV) Stock Drops Despite Market Gains: Important Facts to Note

In the latest trading session, Southwest Airlines (LUV) closed at $33.96, marking a -0.9% move from the previous day. This change lagged the S&P 500's daily gain of 0.8%. At the same time, the Dow added 0.23%, and the tech-heavy Nasdaq gained 1.14%.Shares of the airline witnessed a gain of 13.55% over the previous month, beating the performance of the Transportation sector with its gain of 5.14% and the S&P 500's gain of 5.2%.The upcoming earnings release of Southwest Airlines will be of great interest to i ...