Comment on Spirit Airlines stock price takes a nosedive after report of possible bankruptcy. What’s happening with the low-cost airline?

Spirit Airlines stock price takes a nosedive after report of possible bankruptcy. What’s happening with the low-cost airline?

The bargain carrier, which has faced financial difficulty for years, has not seen an annual profit since before the pandemic. Shares of Spirit Airlines (NYSE: SAVE) are crashing in premarket trading as of the time of this writing. The stock is down nearly 40% to just $1.36 per share. Yesterday, SAVE shares closed down 3.45% to $2.24.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News