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Spirit (SAVE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Frankie Muniz travels comfy with Spirit's blocked middle seat Spirit giving away 10 pairs of Go Comfy tickets in #NotInTheMiddle social media giveaway DANIA BEACH, Fla., Oct. 17, 2024 /PRNewswire/ -- Spirit Airlines ' (NYSE: SAVE) newest ad takes flight with actor Frankie Muniz, best known for his iconic role as the middle child in a beloved sitcom that aired in the early 2000s.
Spirit Airlines Inc SAVE is facing turbulent skies ahead. While the broader airline industry is flying high, Spirit's financial woes are pushing it toward a potential bankruptcy.
Spirit Airlines shares have plummeted 24.90% since August, with bankruptcy rumors looming, making the stock extremely high risk but potentially undervalued. The airline faces an October 21 deadline to refinance or extend notes, which could determine its bankruptcy fate and shareholder value. Despite ongoing losses, Spirit's valuable assets and potential for a turnaround make shares a contrarian buy with significant upside if refinancing occurs.
Deep-value investors might have this business on their watch lists.
Spirit Airlines is facing an Oct. 21 deadline to refinance debt that's due next year. The airline is reportedly considering filing for Chapter 11 bankruptcy protection.
George Tsilis calls Spirit Airlines (SAVE) a "cheap stock that can get even cheaper." A report says the company is considering bankruptcy after JetBlue Airways (JBLU) closed the door on a potential merger.
Shares of Spirit Airlines (NYSE: SAVE) are crashing in premarket trading as of the time of this writing. The stock is down nearly 40% to just $1.36 per share.
Spirit Airlines is one of the worst stocks Friday as reports swirl that the discount airline could file for bankruptcy.
Spirit Airlines (SAVE, Financial) experienced a significant drop in its stock price, initially plunging over 37% to $1.40, marking the largest decline since January and reaching a record low. The decline later narrowed to 27%.