Previous Close | 0.2300 |
Open | 0.2300 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 40.00 |
Expire Date | 2025-01-17 |
Day's Range | 0.2300 - 0.2300 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
Southwest Airlines (LUV) is undergoing significant leadership changes in response to ongoing pressure from activist investor Elliott Management. The airline has announced a major board reshuffle, with six board members set to retire in November. Additionally, Executive Chairman Gary Kelly will step down from his position in 2025. Catalysts co-hosts Seana Smith and Brad Smith dive into the details. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
Elliot announced in June that it had built a 11% stake in the airline and called for the departures of Kelly and CEO Bob Jordan.
The tentative deal, inked with the union representing LUV's flight simulator technicians, will now be voted upon.