Previous Close | 14.50 |
Open | 14.50 |
Bid | 15.40 |
Ask | 17.65 |
Strike | 45.00 |
Expire Date | 2024-09-20 |
Day's Range | 14.50 - 14.50 |
Contract Range | N/A |
Volume | |
Open Interest | 1 |
Elliott Investment Management L.P. ("Elliott"), today released the following statement on behalf of Partner John Pike and Portfolio Manager Bobby Xu regarding Southwest Airlines Co. (NYSE: LUV) ("Southwest") and the actions announced today – including the resignation of seven directors:
(Bloomberg) -- Southwest Airlines Co. Chairman Gary Kelly is stepping down along with six directors, a dramatic move after the carrier faced calls for a strategic overhaul from activist investor Elliott Investment Management.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisChicago Halts Hiring as Deficit Tops $1 Billion Through 2025World's Second Tallest Tower Spurs Debate About Who Needs ItUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusThe Plan for t
Shares of Southwest Airlines Co. fell 4% at the opening bell Tuesday. Elliott, the fund led by billionaire investor Paul Singer, has built a 10% stake in recent weeks and advocated changes it says will improve Southwest’s financial performance and stock price.