Investors are paying attention Southwestern Energy (NYSE:LUV) after Warren Buffett’s Berkshire Hathaway upped its stake in the company recently. The stock is up about 4% over the last three months. Southwest experienced a 8.4% rise in traffic in April, while Available Seat Miles (ASMs) increased by 7.6% to $13.37 billion from $12.42 billion in the same month last year.
The company recently announced that it is planning to add Hawaii as a permanent destination. Southwest also increased its dividend by 25%.
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