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Southwest Airlines Stock on Radar After Latest Safety Incident—Key Levels to Watch
LUVSouthwest Airlines(LUV) Investopedia·2024-04-08 02:30

Key TakeawaysSouthwest Airlines stock is on the radar Monday after an engine cover detached during take-off on a Houston-bound flight.The latest mishap follows two other Southwest safety incidents over the past month.Southwest lowered its current-quarter and full-year outlook in March, citing reduced capacity from fewer Boeing deliveries.The Southwest Airlines share price may find support around $22.70 from the November 2023 low, and resistance near $38 from the July 2023 countertrend peak. Shares in low-co ...