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Activist investor Elliott takes nearly $2 bln stake in Southwest Airlines- WSJ

Investing.com-- Elliott Investment Management has built up a nearly $2 billion stake in Southwest Airlines Company (NYSE:LUV) and intends to push for changes to reverse the airline’s underperformance, the Wall Street Journal reported on Sunday. 

Elliott plans to spur changes to also boost Southwest’s shares, which are trading down nearly 4% so far in 2024. 

 

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.