Southwest Chairman Gary Kelly to retire, under pressure from activist Elliott
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/5/2026
- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- S&P Dow Jones Indices adds Bloom Energy to S&P 500 index
- Citi highlights best Gen AI stocks to own for 2027
- Dell’s earning report was bullish for Intel CPU demand, analyst says
- Netflix raises prices in Germany and Austria, Citi comments
- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
Southwest (LUV) Trade LOD, Down ~5%, Citi Reiterates Neutral and Recaps Announcement
September 10, 2024 10:37 AM EDTCiti analyst Stephen Trent reiterated a Neutral rating and $28.25 price target on Southwest (NYSE: LUV)
The analyst comments "Southwests announcements on board changes look like adjustments to the carriers strategic positioning, but do not look like an attempt to reinvent the wheel. The announcements call for a reduced board, including the appointment of up to four new board members. Moreover, the US-based discount giant gave a ringing endorsement of CEO Bob Jordan, stating that they have no better leader to execute on a robust strategy. Ongoing... More
