Southwest Airlines Stock Drops Despite Broader Market Rally
- Southwest Airlines (LUV) stock fell 3.83% to $29.15 on Wednesday
- The drop came despite a broader market rally, with the S&P 500 up 1.37%
- The decline snapped Southwest's two-day winning streak
- The stock closed $10.38 short of its 52-week high of $39.53 from July 12th
- Southwest underperformed competitors including Delta, United, and American Airlines