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Southwest Stock Falls After Reinstating Dividend; Airline Stocks Retreat

Southwest Stock Falls After Reinstating Dividend; Airline Stocks Retreat

Shares of Southwest Airlines were down about 4% on Wednesday after the airline said it would [reinstate its dividend](https://www.wsj.com/articles/southwest-to-resume-quarterly-dividend-payment-after-more-than-two-years-11670431492), making it the first major carrier to do so after the Covid-19 pandemic. + Southwest's stock, recently trading at $38.13, is one of the worst performers in the S 500 today. + Other airline shares also fell, with the U.S. Global Jets ETF—which tracks companies in the