Southwest Airlines stock price plunged more than 4 percent after the airline canceled thousands of flights already this week as people are trying to travel for the holidays.
The public company’s stock price had fallen about 4.75 percent to $34.27 per share as of Tuesday afternoon.
Several airlines canceled and delayed flights on Monday and Tuesday as a winter storm continues to impact much of the country. But Southwest alone canceled 2,500 flights on Tuesday, making up the bulk of the nearly 3,000 cancellations for the day.
On Monday, the airline company canceled a separate 2,900 flights, making up 71 percent of its scheduled flights that day.
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More to know: Transportation Secretary Pete Buttigieg has been in touch with the head of Southwest Airlines after over the flight cancellations. The ripples: -
Pac-12 Conference football referee Michael Mothershed missed working the last game of his career after his flight was canceled over inclement weather.
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The Senate Commerce Committee chair has vowed to look into the whole Southwest debacle.
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