LUV Stock Down -18% after 5-Day Loss Streak

-23.14%
Downside
40.74
Market
31.31
Trefis
LUV: Southwest Airlines logo
LUV
Southwest Airlines

Southwest Airlines (LUV) stock hit day 5 of a continuous streak of days with losses, with cumulative losses over this period amounting to a -18% return. The company has lost about $3.3 Bil in value over the last 5 days, with its current market capitalization at about $18 Bil. The stock remains 7.6% below its value at the end of 2024. This compares with year-to-date returns of 8.2% for the S&P 500.

LUV operates scheduled passenger air transportation in the U.S. and nearby markets with a fleet of 728 Boeing 737s, serving 121 destinations across 42 states, D.C., and Puerto Rico. Is this drop a warning sign or a setup for rebound? Deep dive with Buy or Fear LUV.

Comparing LUV Stock Returns With The S&P 500

The following table summarizes the return for LUV stock vs. the S&P 500 index over different periods, including the current streak:
 

Relevant Articles
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  2. Is The 21% Drop In LUV Stock, A Buying Opportunity?
  3. After A 21% Slide, Is LUV Stock Worth A Look?
  4. LUV Lost 12% In A Week. Past Slides Turned Into Crashes.
  5. S&P 500 Movers | Winners: UAL, DAL, LUV | Losers: AXON, PTC, FTNT
  6. How Will Southwest Airlines Stock React To Its Upcoming Earnings?

Return Period LUV S&P 500
1D -1.3% -0.1%
5D (Current Streak) -18.0% 0.1%
1M (21D) -5.3% 2.5%
3M (63D) 13.3% 14.4%
YTD 2025 -7.6% 8.2%
2024 19.1% 23.3%
2023 -11.8% 24.2%
2022 -21.4% -19.4%

 
What is the point? Sustained weakness can be more than noise. It often signals shifting sentiment or deeper concerns. A multi-day losing streak may warn of further downside, or present an opportunity to buy if fundamentals are intact. Take a look at what history tells you about whether past dips like this have been buying opportunities or traps: LUV Dip Buyer Analysis.

Gains and Losses Streaks: S&P 500 Constituents

There are currently 22 S&P constituents with 3 days or more of consecutive gains and 121 constituents with 3 days or more of consecutive losses.
 

Consecutive Days # of Gainers # of Losers
3D 8 83
4D 4 15
5D 1 20
6D 5 3
7D or more 4 0
Total >=3 D 22 121

 
 
Key Financials for Southwest Airlines (LUV)

Last 2 Fiscal Years:

Metric FY2023 FY2024
Revenues $26.1 Bil $27.5 Bil
Operating Income $224.0 Mil $321.0 Mil
Net Income $465.0 Mil $465.0 Mil

Last 2 Fiscal Quarters:

Metric 2024 FQ4 2025 FQ1
Revenues $6.9 Bil $6.4 Bil
Operating Income $278.0 Mil $-223.0 Mil
Net Income $261.0 Mil $-149.0 Mil

 
The losing streak LUV stock is currently on doesn’t inspire much confidence among investors. In contrast, Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming the S&P 500 over the last 4-year period. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.