Spirit Airlines stock plunges 59% amid report of bankruptcy deal
Spirit Airlines' stock plunged 59% on Wednesday as the budget airline worked with creditors to restructure debt amid reports the company could file for bankruptcy protection within the next few weeks.
Spirit Airlines shares plunge on bankruptcy speculation
Spirit Airlines’ shares plunged more than 50% in early trading Wednesday, following a report that it is preparing to file bankruptcy — and the company’s announcement that it won’t report quarterly financial results because it’s scrambling to reach a deal with creditors.
Spirit Airlines Stock Sinks on Report Frontier Merger Talks Break Down
Spirit Airlines shares plunged Wednesday on a report that the budget carrier is getting ready to file for bankruptcy protection after revived merger talks with Frontier Airlines parent Frontier Group Holdings collapsed.
JetBlue stock soars as Spirit mulls bankruptcy
Shares in Queens-based JetBlue were soaring by about 16% in early trading today as shares in competitor Spirit Airlines tumbled following reports the ultra-low-cost carrier is preparing to file for bankruptcy protection.
Is Spirit Airlines a Millionaire-Maker Stock?
Spirit Airlines is taking aggressive steps to avoid bankruptcy, but the best-case outcome still isn't likely to result in a huge payday.
Spirit prepares for bankruptcy filing after failed Frontier talks: report
Spirit Airlines is reportedly planning to file for bankruptcy protection in a matter of weeks after revived merger talks with Frontier Airlines fell through.
Spirit Airlines stock plunges 59% as company reportedly preps bankruptcy filing
Spirit Airlines ( SAVE) stock plunged as much as 64% early Wednesday, the most on record, as the budget airline explores a deal with creditors to restructure its debt amid a reported threat of bankruptcy after merger talks with Frontier collapsed.
JetBlue Airways Shares Rise 16% as Potential Spirit Bankruptcy Plays Out
JetBlue Airways shares rose 16% as investors digested news on competitor Spirit Airlines in a move that has potential to shake up the airline sector. Shares were trading around $7.30. The stock is up 32% on the year and is on pace for its largest percentage increase since Feb.
Spirit Airlines mulls bankruptcy, sending its stock price into nosedive
Spirit Airlines is considering declaring bankruptcy after a proposed merger with Frontier Airlines fell apart. The Miramar, Florida-based discount airline is expected to file for bankruptcy protection from its debts in as little as 10 days or within weeks,
Spirit Airlines might really go bankrupt this time — and the stock plunges 65%
Spirit Airlines (SAVE) stock was sinking sharply to barely above $1 per share early Wednesday, after a report late Tuesday indicated that the ultra-low-cost carrier is preparing to file for bankruptcy.
Spirit Airlines’ Potential Bankruptcy Filing Looms
The largest U.S. budget airline, Spirit Airlines, is allegedly contemplating bankruptcy. The Wall Street Journal reports that this development comes on the heels of failed merger talks with Frontier Airlines,
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