Shares of Southwest Airlines (NYSE:LUV) saw some unusual options activity on Wednesday. Following the unusual option alert, the stock price moved down to $51.1.
These days, monthly inflation reports carry almost as much weight in the market as monthly job reports. Today’s consumer price index for July came in around expectations, meaning the impact on Wall Street might not be too heavy.
American Airlines Group Inc (NASDAQ: AAL) and Southwest Airlines Co (NYSE: LUV) reversed course on Thursday after selling off for months amid fear over rising COVID-19 Delta variant cases.
Investors who have owned stocks in the past year have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return over the past 12 months is 36.3%. But there is no question some big-name stocks performed better than others along the way.