Tag: $Southwest Airlines

Shares of Southwest Airlines Co. LUV, -1.50% dropped 4.2% toward a three-month low in premarket trading Wednesday, after the air carrier said it booked record revenue for the Labor Day weekend, but said close-in leisure bookings in August were on the lower-end of expectations.

Southwest Airlines stock tumbled after the low-cost carrier said it expected revenue per available seat mile to fall in the third quarter.