Two Services Stocks Are Just So Hot Right Now: Southwest Airlines Co. (LUV), Starbucks Corporation (SBUX)
Southwest Airlines Co. (LUV) ended last trading session with a change of -2.49 percent. It trades at an average volume of 5.58M shares versus 9.43M shares recorded at the end of last trading session. The share price of $54.49 is at a distance of 54.86 percent from its 52-week low and down -8.54 percent versus its peak. The company has a market cap of $33.81B and currently has 620.54M shares outstanding. The share price is currently -4.53 percent versus its SMA20, 1.65 percent versus its SMA50, and 23.53 percent versus its SMA200. The stock has a weekly performance of -5.17 percent and is 9.52 percent year-to-date as of the recent close.
On March 7, 2017 Southwest Airlines Co. (LUV) and The Hispanic Association of Colleges and Universities (HACU) announced their partnership for the 13th annual “¡Lánzate! / Take Off!” Program, which will provide selected Latino college students with a designated number of trips on Southwest Airlines to travel home to see family. Applicants must show economic need and be enrolled in an undergraduate or graduate degree program at least 200 miles from home. Students can submit applications through April 14, 2017, at www.hacu.net.
Starbucks Corporation (SBUX) recently recorded 0.18 percent change and currently at $54.63 is 8.44 percent away from its 52-week low and down -9.94 percent versus its peak. It has a past 5-day performance of -3.62 percent and trades at an average volume of 9.31M shares. The stock has a 1-month performance of -2.11 percent and is -1.16 percent year-to-date as of the recent close. There were about 1.47B shares outstanding which made its market cap $80.58B. The share price is currently -3.6 percent versus its SMA20, -3.38 percent versus its SMA50, and -1.47 percent versus its SMA200.
On February 28, 2017 Starbucks Coffee Company (SBUX) announced its newest Roastery location on Piazza Cordusio in Milan with a dramatic unveiling of the building prior to its remodel. Set to open in late-2018, the Milan Reserve Roastery will be the first Starbucks Roastery to open in the Europe, Middle East and Africa region, and the fifth, globally.
Located at the historic, turn-of-the-century Palazzo Delle Poste building on Piazza Cordusio, this one-of-a-kind 25,500 square foot retail space will feature the company’s premium, small batch, Reserve coffees served in a variety of brewing methods in a beautiful environment.