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An update from Spirit Airlines ( (SAVEQ) ) is now available.
Spirit Airlines and its subsidiaries filed for Chapter 11 bankruptcy protection in November 2024. Subsequently, the U.S. Bankruptcy Court approved their reorganization plan for interim solicitation and scheduled a hearing for its confirmation. This legal move aims to address financial challenges, such as debt refinancing and rising fuel costs, while maintaining compliance with federal regulations.
More about Spirit Airlines
YTD Price Performance: 18.57%
Average Trading Volume: 10,303,535
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $54.6M
See more insights into SAVEQ stock on TipRanks’ Stock Analysis page.