Shares in Southwest Airlines Co.
fell 0.16% to $ 51.34 on Friday on what turned out to be an all-around positive trading session for the stock market with the S&P 500 index
rising 0.47% to 3,934.83 and the Dow Jones Industrial Average
increasing 0.09% to 31,458.40. The decline in the stock snapped a two-day winning streak. Southwest Airlines Co. closed $ 7.49 below the 52-week high ($ 58.83) that the company reached on February 14th.
The stock underperformed some of its competitors on Friday when Delta Air Lines Inc.
rose 1.33% to $ 43.29, United Airlines Holdings Inc.
rose 1.14% to $ 43.94, and American Airlines Group Inc.
rose 1.65% to $ 17.27. Trading volume (4.7 million) remained 2.8 million below the average 50-day volume of 7.5 million.