Streetbeat News

ULCC

Frontier Group Holdings, Inc.

https://www.flyfrontier.com

Industry

Airlines, Airports & Air Services

Frontier Group Holdings, Inc., a low-fare airline company, provides air transportation for passengers. The company operates an airline that serves approximately 120 airports throughout the United States and international destinations in the Americas. It offers its services through direct distribution channels, including its website, mobile app, and call center. As of December 31, 2021, the company had a fleet of 110 Airbus single-aisle aircraft comprising, 16 A320ceos, 73 A320neos, and 21 A321ceos. Frontier Group Holdings, Inc. was incorporated in 2013 and is headquartered in Denver, Colorado.

Open

6.43

Mkt cap

1.5B

Volume

1.5M

High

6.83

P/E Ratio

-225.00

52-wk high

8.33

Low

6.37

Div yield

N/A

52-wk low

2.79

Frontier Airlines has announced a partnership with Landing, introducing the Nomad Pass, a new initiative aimed at catering to the needs of remote workers and digital nomads. This collaboration is designed to offer flexible travel options and accommodations, enhancing the travel experience for a growing segment of the workforce that values mobility and flexibility.

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Container Store Group's shares fell by 23% due to weak quarterly results, missing both earnings and sales estimates. Other stocks showed significant movements, with MicroCloud Hologram Inc. leading gainers by 400% after announcing plans to join the Communications Industry Association. Glatfelter Corporation also saw a notable increase after a merger announcement with Berry Global. On the losing side, Snap Inc. dropped by 35.2% following mixed quarterly results, and Sunworks Inc. plummeted by 29.1% after filing for Chapter 7 bankruptcy.

Portfolio Pulse from Avi Kapoor

February 07, 2024 | 6:02 pm

Chipotle Mexican Grill, Inc. reported better-than-expected fourth-quarter financial results, leading to a 7.7% surge in its shares. Other companies like Aviat Networks, Enphase Energy, Sonos, XPO, Cirrus Logic, Green Plains, Griffon Corporation, REGENXBIO, The AZEK Company, O-I Glass, Frontier Group Holdings, SolarEdge Technologies, Silicon Laboratories, Emerson Electric, Yum China Holdings, Trex Company, The Carlyle Group, Roblox Corporation, IHS Holding, Palantir Technologies, California Resources Corporation, Arcadium Lithium, Palo Alto Networks, Carlisle Companies, Assurant, and Fortinet also reported positive financial results or updates, resulting in significant stock price increases.

Portfolio Pulse from Avi Kapoor

February 07, 2024 | 4:38 pm

Nasdaq fell by 50 points while Willis Towers Watson reported better-than-expected Q4 earnings. Tenax Therapeutics, Palantir Technologies, and Frontier Group Holdings saw significant stock increases, whereas Sunworks, BioRestorative Therapies, and Peraso Inc. experienced major declines. The materials sector led gains, while information technology shares dropped.

Portfolio Pulse from Avi Kapoor

February 06, 2024 | 7:30 pm

Frontier's stock (ULCC) is trading higher following the announcement of their Q4 financial results and the issuance of future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 7:19 pm

FMC Corporation's shares fell by around 10% after reporting Q4 results below market expectations. Other stocks showed significant movement, with InVivo Therapeutics and Tenax Therapeutics among the top gainers, while Sunworks and BioRestorative Therapies led the losers. Notable movements were also seen in Palantir Technologies, GE HealthCare Technologies, and Toyota Motor Corporation following their earnings reports.

Portfolio Pulse from Avi Kapoor

February 06, 2024 | 6:17 pm

In Tuesday's intraday session, several industrials stocks experienced significant movements. Agrify, Frontier Group Holdings, Energy Vault Holdings, EHang Holdings, ESS Tech, and Spirit Airlines saw their shares rise, with increases ranging from 11.83% to 26.5%. Conversely, Sunworks, Compx Intl, Pineapple Energy, Symbotic, Pixie Dust Technologies, and Erayak Power Solution Gr witnessed declines in their stock prices, with decreases ranging from 18.75% to 58.9%. Notably, Frontier Group Holdings and Symbotic released their Q4 and Q1 earnings, respectively.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 5:31 pm

FAA Administrator Whitaker is scheduled to meet with airline CEOs on Wednesday to discuss information sharing, according to Reuters citing the agency and airlines. This meeting could impact various aspects of the aviation industry, including safety protocols, operational efficiency, and regulatory compliance.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 4:00 pm

GE HealthCare Technologies Inc. (NASDAQ:GEHC) reported better-than-expected quarterly earnings and sales, leading to an 8.3% stock price increase. Other companies like Palantir Technologies, AudioCodes, Frontier Group Holdings, and several more also saw significant gains after reporting positive financial results or receiving analyst upgrades.

Portfolio Pulse from Avi Kapoor

February 06, 2024 | 3:20 pm

Frontier Group anticipates a 12%-15% year-over-year capacity growth for FY24, alongside an expected average fuel cost per gallon of $2.70-$2.80.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 12:11 pm

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