All of the leading airline stocks are once again suffering due to the high energy prices. Earlier today, Southwest Airlines Co (NYSE:LUV) warned that the company would not report a profit for the coming quarter. The company said that they simply could not overcome the high cost of fuel despite recent price increases in fares. LUV stock has dropped sharply since early February 2012 when it traded as high as $10.05 a share. This morning, LUV stock is trading lower by 0.01 cent to $8.27 a share. ...Continue reading here: http://bit.ly/xeH3yp
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.