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The company is reportedly back in merger talks with Frontier.
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'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.
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 ...
Spirit's shares, which have lost more than 85% of their value this year, were down 25% at $1.67 in afternoon trading, while rival budget carrier Frontier jumped 21%. Collapse of merger with ...
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.
The troubled airline has more time to work out its debt issues.
Spirit Airlines stock keeps tanking. Here's what Wall Street analysts think is next for the low-cost carrier. Here's what's next for Spirit after its blocked merger deal with JetBlue [Video]