Cisco Systems, Inc. (CSCO) with the stream of -1.57% also noticed, India Southwest Airlines Co. (LUV) encountered a rapid change of -4.32% in the last hour of Fridays trading session. The post Eye-catching Shares: Cisco Systems, Inc. (NASDAQ:CSCO), Southwest Airlines Co. (NYSE:LUV) appeared first on Stocks Equity .
Southwest (LUV) is being plagued by persistent weakness in air-travel demand due to significant lag in business travel recovery, and rising fuel prices.
Beech Hill Advisors Inc. boosted its position in shares of Southwest Airlines Co. (NYSE:LUV) by 10.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,518 shares of the airlines stock after buying an additional 4,975 shares during the quarter. Beech Hill Advisors Inc.s holdings 
Companies benefiting from this year's economic reopening, including AMC Entertainment, United Airlines and Carnival Corp, were hammered on Friday by fears over a new and possibly-vaccine resistant coronavirus variant.
Shares of airlines fell and drug makers rose in premarket trades on Friday as investors reacted to fresh travel bans related to a COVID-19 variant called B.1.1.529 identified in South Africa. The British government has banned flights from South Africa and five other southern African countries. The World Health The World Health Organization''s technical working group is meeting Friday to discuss the variant. Pfizer advanced by 5.8%, Moderna gained 8.7%, Southwest Airlines dropped 7%, American Airlines stock slumped 7%; Expedia fell 6.8% and United Airlines dropped 7.6%. Delta Air Lines lost 7.8%, Norwegian Cruise gave up 9.6% and Royal Caribbean shares slid 10%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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