Spirit Airlines Inc (SAVE) Plummets 11.11% in Pre-market Trading, Concerns Investors
Spirit Airlines Inc (SAVE) experienced a significant drop of 11.11% in premarket trading, causing concern among investors. The stock closed at $7.92 and plummeted by -$0.88 during pre-market hours. This decline in value is attributed to the overall score of…
Judge Blocks JetBlue’s Acquisition of Spirit Airlines Following Lawsuit
A federal judge has blocked JetBlue Airways’ acquisition of budget rival Spirit Airlines following a lawsuit filed by the U.S. Justice Department. The lawsuit alleged that the merger would lead to increased fares for price-sensitive consumers. The proposed $3.8 billion…