Why Spirit Airlines Stock Is Losing Altitude Today [Yahoo! Finance]
Spirit Airlines, Inc. (SAVE)
Last spirit airlines, inc. earnings: 2/5 04:14 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.spirit.com
Company Research
Source: Yahoo! Finance
Investors were disappointed, sending Spirit shares down 9% as of 10:15 a.m. ET. Tough competition, fewer airplanes Spirit Airlines faces one of the most challenging sets of circumstances in the airline industry . It spent the last year prepping for a merger with JetBlue Airways but was forced to go it alone after competition regulators forced the merger partners to walk away earlier this year. The airline is trying to chart a course as an independent at a time when a significant portion of its fleet is grounded. Spirit is a major user of planes powered by RTX turbofan engines that are subject to a recall. On Monday, Spirit reported a first-quarter loss of $1.46 per share on revenue of $1.27 billion. The results were in line with estimates, but investors were caught off guard by the airline's forecast for what's to come. Spirit said it will average about 25 grounded aircraft through the rest of 2024, eating into growth plans and depriving the company of opportunities to compete
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SAVE 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
SAVE alerts
High impacting Spirit Airlines, Inc. news events
Weekly update
A roundup of the hottest topics
SAVE
News
- Frontier Airlines, stuck in a money-losing slump, is dumping change fees and making other moves [Yahoo! Finance]Yahoo! Finance
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Spirit Airlines, Inc. - SAVEPR Newswire
- Savannah Gankiewicz is sworn in as the new Miss USA amid resignation controversy [Los Angeles Times (CA)]Los Angeles Times
- Two new Frontier flights take off from Milwaukee Mitchell airport. They're headed to Philadelphia and Raleigh-Durham. [Yahoo! Finance]Yahoo! Finance
- Spirit Airlines Stock Just Hit a New Low: Should You Buy the Dip? [Yahoo! Finance]Yahoo! Finance
SAVE
Earnings
- 5/6/24 - Miss
SAVE
Sec Filings
- 5/6/24 - Form 10-Q
- 5/6/24 - Form 8-K
- 4/25/24 - Form ARS
- SAVE's page on the SEC website