LU
LUV
-3.3%🟢 Fundamentally supportedSouthwest Airlines Co. · Consumer Cyclical
$39.50Vol 5.62M · 0.9× normalMkt cap −$0.65BMarket closed — 2026-10-16 session
What happened
Move
-3.3%
Price
$39.50
Volume
5.62M
0.9× normal
Market cap
$19.32B
−$0.65B today
Why it moved
Earnings releasemedium confidence
- Southwest (LUV) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures — finnhub-news
- Southwest Airlines to Report Q3 Earnings: What's in the Cards? — finnhub-news
Possible catalyst: earnings release, 2.6pp below its sector.
Verdict — was the move justified?
🟢 Fundamentally supported
Earnings release — direction and rough magnitude are consistent with the identified fundamental catalyst.
How unusual is this move
σ score
1.8σ
vs own 20d volatility
Percentile
86th
of 1278 daily moves
Avg daily move
±1.7%
own 5y average
vs sector
-2.6%
beyond sector median
What happened after similar moves
146 similar down moves in LUV’s 5-year history:
After 5 days
-0.3%
47% higher
After 20 days
+0.2%
51% higher
Median of same-direction moves within ±35% magnitude band. Past patterns don’t predict outcomes — context, not signal.
Fundamental context
V 62G 45P 35H 63Q 59EW 30/65
Valuation context
P/E (TTM)
23.1
5y median 36.6
P/E percentile
3%
vs own 5y history
FCF yield
-0.0%
Trading cheaper than 97% of its own historical valuation range.
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