Streetbeat News

SAVE

Spirit Airlines, Inc.

https://www.spirit.com

Industry

Airlines, Airports & Air Services

Spirit Airlines, Inc. provides airline services. It serves 85 destinations in 16 countries in the United States, Latin America, and the Caribbean. As of December 31, 2021, the company had a fleet of 173 Airbus single-aisle aircraft. It sells tickets through its call centers and airport ticket counters, as well as online through spirit.com; and through various third parties, including online, traditional travel agents, and electronic global distribution systems. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida.

Open

2.73

Mkt cap

298M

Volume

High

2.80

P/E Ratio

-0.44

52-wk high

17.02

Low

2.65

Div yield

0.15

52-wk low

1.40

During Friday's intraday session, several industrial stocks experienced significant movements. WANG & LEE Group's shares soared by 98.6%, while Babcock & Wilcox and Spirit Airlines also saw substantial gains. Conversely, ChargePoint Holdings, Surf Air Mobility, and other stocks such as Xos, Bitcoin Depot, Blink Charging, and Velo3D faced notable declines. Market caps and trading volumes varied, with some companies like iPower recently releasing Q1 earnings and others like Surf Air Mobility and Bitcoin Depot having released Q3 earnings in the past few days.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 5:31 pm

JetBlue Airways Corporation (NASDAQ:JBLU) has announced November 24, 2023, as the record date for an additional prepayment of $0.10 per share to Spirit Airlines, Inc. (NYSE:SAVE) stockholders, with the payment to be made on November 30, 2023. This is in accordance with the Merger Agreement dated July 28, 2022.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 2:18 pm

Monday.com Ltd. (MNDY) reported Q3 earnings that surpassed expectations, with adjusted EPS of $0.64 compared to the estimated $0.20, and sales of $189.19 million against the forecasted $182.36 million. The company expects Q4 revenue between $196 million and $198 million, and FY23 revenue between $723 million and $725 million. MNDY shares rose 9.9% to $154.03. Other stocks also moved higher, including Montauk Renewables (MNTK), TETRA Technologies (TTI), and Henry Schein (HSIC), following upgrades, partnerships, and positive earnings reports.

Portfolio Pulse from Lisa Levin

November 13, 2023 | 4:30 pm

The Biden Administration and airlines are predicting record air travel in the U.S. during the Thanksgiving holiday. This forecast suggests a strong rebound in travel demand, which could benefit airlines and related sectors.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 2:20 pm

The article lists five industrial stocks that are considered oversold and may present buying opportunities in Q4. These include Fathom Digital Manufacturing Corporation (FATH), Spirit Airlines (SAVE), Ault Alliance (AULT), Standex International Corporation (SXI), and Twin Disc (TWIN). The companies have been selected based on their Relative Strength Index (RSI) values, which are all near or below 30, indicating they may be undervalued.

Portfolio Pulse from Lisa Levin

November 06, 2023 | 12:27 pm

Citigroup analyst Stephen Trent has maintained a Neutral rating on Spirit Airlines (NYSE:SAVE) and lowered the price target from $16.5 to $13.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 8:09 pm

Benzinga's options activity scanner has identified significant options activity in 10 industrial stocks. The stocks include JCI, LZ, SAVE, RTX, PWR, LUV, GVA, UPS, GNRC, and CMI. The options activity ranges from bearish to bullish and neutral sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 5:35 pm

JetBlue Airways Corporation's stock fell to a 10-year low following a disappointing earnings report and pending litigation over its acquisition of Spirit Airlines. The U.S. Department of Justice is suing to prevent the merger, which would make JetBlue the fifth largest airline in the U.S. Other airlines, including Southwest Airlines and Delta Air Lines, also saw their stocks fall.

Portfolio Pulse from Aaron Bry

October 31, 2023 | 9:58 pm

The article lists the stocks that gained and lost in Tuesday's mid-day session. Notable gainers include SciSparc Ltd., Cardio Diagnostics Holdings, Inc., and Verve Therapeutics, Inc. due to positive news such as patent acceptance and contract acquisition. On the other hand, Kintara Therapeutics, Inc., Galera Therapeutics, Inc., and reAlpha Tech Corp. were among the biggest losers due to negative developments like unsuccessful drug trials and poor financial results.

Portfolio Pulse from Lisa Levin

October 31, 2023 | 5:36 pm

During Tuesday's intraday session, several industrials stocks experienced significant movements. Gainers included Granite Construction (GVA), Li-Cycle Holdings (LICY), Applied UV (AUVIP), Freightos (CRGO), Tritium DCFC (DCFC), and NuScale Power (SMR). Losers included Baiyu Holdings (BYU), Douglas Dynamics (PLOW), Addentax Group (ATXG), Spirit Airlines (SAVE), JetBlue Airways (JBLU), and ShiftPixy (PIXY).

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 5:31 pm

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