Why Southwest’s $4 Billion Cash Reserve Will Be Critical For It To Tide Over The Coronavirus Crisis
- Wednesday, March 18, 2020, 7:12
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Airline stocks have taken a beating as the WHO first declared the COVID-19 outbreak a global health emergency and finally, a pandemic. Southwest Airlines (NYSE: LUV) stock declined by nearly 34% from $55 in early February to $36 by the end of last week before trending slightly higher on Monday…