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Spirit Airlines stock plunged 59% on Wednesday as the budget airline explores a deal with creditors to restructure its debt amid a reported threat of bankruptcy after merger talks with Frontier ...
The stock was down 58% in afternoon trading Wednesday. The low-cost airline has been struggling to recover from the pandemic-caused swoon in travel. A federal judge blocked an attempt to sell the ...
Spirit Airlines’ shares plunged more than 50% in early ... With Wednesday’s drop the stock is down 89% year-to-date. The airline also reported operating losses of $360 million in the first six ...
Spirit's stock fell to as low as $1.40 on Friday after closing at $2.24 on Thursday. Including the single-day sell-off, Spirit's stock has fallen by roughly 90% in 2024.
The company's stock tanked Wednesday after The Wall Street Journal reported Spirit was preparing to file for Chapter 11 within weeks following the breakdown of merger talks with Frontier Airlines.
A Spirit Airline passenger jet. Shares of Spirit Airlines plunged 37% to a record low on Friday after a report that the ultra low-cost carrier was discussing a potential bankruptcy filing.
Just when it looks like the stock's rally is out of fuel, Spirit Airlines (NYSE: SAVE) finds a way to send its shares even higher. Today's near-20% jump is being driven by another round of news ...
Spirit Airlines, weighed down by mounting debt, ... The company's stock price cratered after news surfaced of the potential bankruptcy filing, tumbling nearly 55% to $1.46 in morning trade.