Elliott confirms investment of approximately $1.9 billion in Southwest Airlines (LUV)

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Go back to Elliott confirms investment of approximately $1.9 billion in Southwest Airlines (LUV)

Elliott Sends Letter and Presentation to the Board of Southwest Airlines

June 10, 2024 8:58 AM EDT

Discloses Approximately $1.9 Billion Position

Calls for Upgraded Leadership and Comprehensive Business Review

Believes Southwest Stock Can Achieve $49 per Share, a 77% Return

Full Letter and Presentation Available at StrongerSouthwest.com

WEST PALM BEACH, Fla., June 10, 2024 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of approximately $1.9 billion in Southwest Airlines Co. (NYSE:... More