Southwest Airlines stock jumps nearly 19% as LUV targets $4 profit — what traders watch next
Southwest Airlines shares jumped 18.7% Thursday to $48.50 after the company projected 2026 adjusted earnings of at least $4.00 per share, beating Wall Street estimates. The airline also forecast first-quarter unit revenue to rise at least 9.5% year over year. Southwest’s rally followed the rollout of assigned seating and new fee options. Investors await the company’s April quarterly report.