NYSE to Commence Delisting Proceedings Against Spirit Airlines, Inc. (SAVE)
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The New York Stock Exchange (NYSE) has announced the commencement of delisting proceedings against Spirit Airlines, Inc. (SAVE). Trading of Spirit Airlines' common stock will be suspended immediately due to unsuitability for listing as per NYSE regulations.
November 18, 2024 | 9:30 pm
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Spirit Airlines, Inc. (SAVE) is facing delisting from the NYSE, with trading suspended immediately due to regulatory unsuitability.
The NYSE's decision to delist Spirit Airlines and suspend trading is a significant negative development for the company, likely leading to a decrease in stock value. The delisting indicates serious regulatory issues, impacting investor confidence.
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