Your email has been successfully added to our mailing list.

×
0 0 0 -0.00751879699248121 0 -0.00751879699248121 0.0150375939849624 0.00751879699248121
Stock impact report

Spirit is struggling to survive. Bankruptcy will likely mean other airlines raise their prices. [Business Insider]

Spirit Airlines, Inc. (SAVE) 
Last spirit airlines, inc. earnings: 2/5 04:14 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.spirit.com
Analysts say a merger with Frontier could still be possible. Flying is likely to become more expensive for some passengers if Spirit Airlines falls into bankruptcy protection. The company's stock tanked on 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 The Journal reported in October that Spirit was weighing up bankruptcy. Spirit shareholders were later encouraged by plans to furlough hundreds of pilots and raise just over $500 million by selling 10% of its fleet. Gains were erased by the latest bankruptcy signals, leaving the company worth $144 million at Thursday's close, down 91% this year. Chapter 11 would allow Spirit to restructure its finances and continue operating, albeit on fewer routes. The airline cut about two dozen routes earlier this month, industry outlet The Points Guy reported. It serves 81 destinations as of November, per Cirium data Show less Read more
Impact Snapshot
Event Time:
SAVE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for SAVE alerts
Opt-in for
SAVE alerts

from News Quantified
Opt-in for
SAVE alerts

from News Quantified