Why Airline Stocks Like JetBlue and Frontier Are Soaring Today [Yahoo! Finance]
Frontier Group Holdings, Inc. (ULCC)
Company Research
Source: Yahoo! Finance
Shares of Frontier Airlines parent Frontier Group Holdings (NASDAQ: ULCC) are up 18% as of midday Friday, followed closely by JetBlue Airways' (NASDAQ: JBLU) 16% surge. Both rallies are in response to reports that rival carrier Spirit Airlines (NYSE: SAVE) is considering filing for bankruptcy. If true, it could mean the sale of part or all of the struggling airline. Bankruptcy imminent? Take the report with a grain of salt, as it did not come from the company itself. Rather, the Wall Street Journal suggested the possibility on Thursday evening, only citing "people familiar with the matter" as its source. Still, it's a credible possibility. Spirit CEO Ted Christie conceded following the company's disappointing second-quarter results that it was in conversations with bondholders regarding the then-upcoming maturity of much of its debt. In no real position to repay this principal or even refinance these loans then -- Standard & Poor's downgraded the airline's bonds from a rating C
Show less
Read more
Impact Snapshot
Event Time:
ULCC
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ULCC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ULCC alerts
High impacting Frontier Group Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
ULCC
News
- Frontier Group Holdings (ULCC): The Best Aviation Stock According to Hedge Funds? [Yahoo! Finance]Yahoo! Finance
- Spirit Pushes Restructuring Forward That Wipes Out Shareholders [Yahoo! Finance Canada]Yahoo! Finance Canada
- Frontier Group Holdings, Inc. (NASDAQ: ULCC) was upgraded by analysts at Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating. They now have a $8.00 price target on the stock, up previously from $6.00.MarketBeat
- Frontier Group Holdings, Inc. (NASDAQ: ULCC) had its price target lowered by analysts at Morgan Stanley from $8.00 to $7.00. They now have an "equal weight" rating on the stock.MarketBeat
- A No-Frills Airline Is Getting Into the Premium Game [Yahoo! Finance]Yahoo! Finance
ULCC
Earnings
- 10/29/24 - Miss
ULCC
Sec Filings
- 12/26/24 - Form 4
- 12/23/24 - Form 144
- 12/9/24 - Form 4
- ULCC's page on the SEC website