Spirit Airlines

Spirit Aviation Holdings, Inc. (OTC:SAVEQ), the parent company of Spirit Airlines, LLC (OTC:SAVEQ) announced that it has successfully completed its financial restructuring. What Happened: The United States Bankruptcy Court for the Southern District of New York has confirmed Spirit...

Spirit Airlines has filed for Chapter 11 bankruptcy, a strategic move to stabilize its finances while keeping operations running smoothly. Known for its ultra-low-cost business model, the airline has faced mounting challenges, including over $1 billion in deferred debt, a $158 million quarterly...

Shares of Spirit Airlines Inc. (NYSE:SAVE) plunged by 62.73% in after-hours and closed nearly 5.29% lower at $3.22 apiece on Tuesday after the company failed to file its earnings for the quarter ended September 2024. The discount airline in a filing late Tuesday, said that it is in talks with its...

U.S. markets closed lower on Wednesday, with the Dow Jones Industrial Average falling nearly 1% to 42,514.95 and the S&P 500 slipping by a similar margin to 5,797.42. The Nasdaq saw a sharper decline of 1.6%, ending at 18,276.65. These are the top stocks that gained the attention of retail...

U.S. markets closed mixed on Monday, with the Dow Jones Industrial Average dropping 0.8% to 42,931.60 and the S&P 500 slipping 0.2% to 5,853.98. Meanwhile, the Nasdaq gained 0.3%, closing at 18,540.01. These are the top stocks that gained the attention of retail traders and investors throughout...

On Thursday, U.S. markets saw losses, with the Dow Jones Industrial Average falling 0.4% to 42,011.59, the S&P 500 closing down almost 0.2% at 5,699.94, and the NASDAQ slipping 0.04% to end at 17,918.48. These are the top stocks that gained the attention of retail traders and investors...

In a recent incident, passengers on a Spirit Airlines Inc (NYSE:SAVE) flight from Jamaica to Florida were instructed to brace for a water landing due to a suspected mechanical problem. What Happened: Flight NK270, departing from Montego Bay for Fort Lauderdale, had to return to its point of origin...

On Friday, JetBlue Airways Corporation (NASDAQ:JBLU) and Spirit Airlines Inc. (NYSE:SAVE) confirmed they’re challenging a federal judge’s decision that prevents their proposed merger on grounds of antitrust. What Happened: JetBlue’s initial plan was to buy Spirit for $3.8 billion...

U.S. stocks ended on a positive note on Thursday with the Dow Jones Industrial Average up 0.5% at 37,468.41. The S&P 500 too rose 0.9% to 4,780.94 while the Nasdaq gained 1.35% to 15,055.65. These are the top stocks that gained the attention of retail traders and investors through the day:...

U.S. stocks were in the red at the end of trading on Wednesday. The Dow Jones Industrial Average finished 0.25% lower at 37,266.67, while the S&P 500 slipped 0.56% to 4,739.21. The Nasdaq ended the day down 0.59% lower at 14,855.62. These are the top stocks that gained the attention of retail...

The U.S. stock market resumed its decline on Tuesday following a one-day closure for Martin Luther King Jr. Day. The major indices were all red at the end of the trading day in New York as investors continued to monitor corporate earnings season and prospects for future interest rates. The S&P...

President Joe Biden has lauded a federal judge’s decision to block the proposed merger of Spirit Airlines Inc. (NYSE:SAVE) and JetBlue Airways Corporation (NASDAQ:JBLU), asserting that it is a triumph for consumers. What Happened: Biden, in a statement on Tuesday, praised the ruling by U.S....

In a recent announcement, JetBlue Airways (NASDAQ:JBLU) CEO Robin Hayes informed employees that the airline would likely require fewer jobs in New York and Boston due to the termination of its partnership with American Airlines. However, he assured that there are no plans for worker furloughs as...

Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs. Some insiders were picking shares last week in the wake of earnings beats. One oil exploration and production CEO returned to the buy window during the week too. Conventional...

JP Morgan analyst Jamie Baker recently upgraded JetBlue Airways Corporation (NASDAQ: JBLU) and Spirit Airlines Incorporated (NYSE: SAVE) from Underweight to Overweight.  Related Link: COVID-19 To Have 'No Permanent Negative Margin Impact' On US Airlines: JPMorgan Baker was on...