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LUV Jun 2024 40.000 put

OPR - OPR Delayed Price. Currency in USD
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11.350.00 (0.00%)
As of 12:21PM EDT. Market open.
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Previous Close11.35
Expire Date2024-06-21
Day's Range11.35 - 11.35
Contract RangeN/A
Open InterestN/A
  • GlobeNewswire

    Artisan Partners Global Value Team Sends Letter to the Board of Southwest Airlines

    MILWAUKEE, June 12, 2024 (GLOBE NEWSWIRE) -- The Artisan Partners Global Value Team today sent a letter to the Board of Directors of Southwest Airlines Co. (NYSE: LUV). The full text of the letter is as follows: June 12, 2024 The Board of Directors Southwest Airlines Co. 2702 Love Field Drive Dallas, TX 75235-1611 Dear Members of the Board: We are writing to you on behalf of the Global Value investment team at Artisan Partners Limited Partnership. Currently, our discretionary investment manageme

  • Associated Press Finance

    Southwest Airlines CEO says he won't resign. A hedge fund is trying to get him fired

    The CEO of Southwest Airlines said Wednesday he will not resign in the face of pressure from a hedge fund that wants him fired and that his leadership team will produce its own plan to boost the airline's financial performance. CEO Robert Jordan said Southwest will present its plan in September. Elliott Investment Management notified Southwest’s board Monday that it bought a $1.9 billion stake in the Dallas-based company and is seeking to replace Jordan and Gary Kelly, the airline’s chairman and former CEO, with executives from outside the company.

  • Reuters

    Southwest CEO will not resign, will consider input from activist investor Elliott

    Southwest Airlines CEO Bob Jordan said on Wednesday he will not resign as the air carrier faces pressure from activist investor Elliott Investment Management, with it already considering amendments to its open-seating policy and other potential changes. Elliott on Monday called for leadership and board changes at Southwest after reporting a stake worth about $1.9 billion in the U.S. carrier, saying the company needs fresh perspectives to compete in the modern airline industry. Jordan also said Southwest, which had expected to get 80 airplanes from Boeing this year, now only expects to receive 20 and does not expect to begin using the smaller MAX 7 - which is still awaiting certification - until 2026.