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Michael Linenberg of Deutsche Bank asks about capacity growth in 2017. $LUV said the bookings currently look good. The company was not able to model a scenario where it was profit positive to reduce its schedule in 4Q16. Since dealing with incremental capacity changes could prove to be harmful, $LUV is currently working on its plans for 2017.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.