Spirit Airlines (NYSE: SAVE) warned that sluggish demand and issues with its fleet would suppress second-quarter revenue. Investors were disappointed, sending Spirit shares down 9% as of 10:15 a.m. ET. Spirit Airlines faces one of the most challenging sets of circumstances in the airline industry. It ...
motleyfoolusx:save
Spirit Airlines (NYSE: SAVE) has been in the spotlight this year. Despite lots of anticipation that a deal would close, JetBlue announced last month that it wasn't going to follow through with the acquisition of Spirit. Regulators blocked the transaction from happening, arguing that it would have negative ...
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Spirit Airlines (NYSE: SAVE) has updated its first-quarter guidance just weeks before it intends to announce finalized results. The move appears to have excited speculation among Spirit investors, sending the shares soaring 13% at the open Monday before retreating back to up 3% as of 1:30 p.m. Spirit ...
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While analysts at Susquehanna are optimistic about some of the larger airlines, they're not jazzed about struggling budget airline Spirit Airlines (NYSE: SAVE). Susquehanna maintained its negative rating on the stock on Tuesday while dropping its price target from $5 to $4. The new price target represents ...
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It has been a busy year for Spirit Airlines (NYSE: SAVE). The discount airliner was forced to give up its plan to merge with JetBlue, and now faces a looming liquidity crisis as its business hemorrhages cash. To stem the bleeding, management has made some desperate decisions such as hiring advisors to ...
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Spirit Airlines (NYSE: SAVE) stock has become wildly popular among some groups of retail investors in 2024. Small investors are buying the stock hand over fist despite its plunge below $5 this year, and it's now among the most widely held stocks in the portfolios on the Robinhood trading app. Spirit's ...
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A Barclays analyst recently reinstated coverage of Spirit Airlines (NYSE: SAVE) and slapped a $4 price target on it with an "underweight" rating. To put that figure into perspective, it was more than 17% lower than the share price at the time of writing. The analyst referred to the company's headwinds ...
motleyfoolusx:save