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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 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 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]
Spirit is flying into a lot of headwinds right now.
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 stock shares will be canceled and have no value as part of the airline's restructuring, Spirit said in the release, following its delisting from the New York Stock Exchange "in the near term."
The company is reportedly back in merger talks with Frontier.
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.