Spirit Airlines shares are trading higher after JetBlue and Allegiant announced a divestiture agreement in connection with the JetBlue-Spirit combination.
Portfolio Pulse from Bill Haddad
Spirit Airlines' shares are trading higher following the announcement of a divestiture agreement between JetBlue and Allegiant, related to the JetBlue-Spirit combination.
September 11, 2023 | 6:12 pm
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Spirit Airlines' stock is trading higher due to the divestiture agreement between JetBlue and Allegiant, which is connected to the JetBlue-Spirit combination.
The divestiture agreement between JetBlue and Allegiant, which is related to the JetBlue-Spirit combination, has led to an increase in Spirit Airlines' stock. This is because the agreement could potentially reduce competition, leading to increased market share and profitability for Spirit Airlines.
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IMPORTANCE 80
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