Southwest Airlines Falls 3% After More Plane Cracks Discovered (LUV)

Shares of Southwest Airlines LUV have lost 3% on Monday after one of its planes landed in Arizona over the weekend with an unexplained hole in it. As a result, Southwest was forced to cancel scores of flights, and undertake an investigation to determine what caused the hole. So far, the company has found 3 other small cracks in its planes. S&P, however, is reiterating its Buy rating on the stock, noting that Southwest has an excellent long-term safety track record.