Why Spirit Airlines Stock Flew South in July
The airline sector is beginning to feel a squeeze, and no one is under more pressure than Spirit Airlines (NYSE: SAVE).
Shares of the discount airline lost 17.8% in July, according to data provided by S&P Global Market Intelligence, after a mid-quarter update prompted discussions about a potential bankruptcy filing.
Spirit has been flying through a lot of headwinds. The company saw its planned acquisition by JetBlue Airways fall apart due to regulatory concerns, leaving Spirit to fly on its own at a time when demand for domestic fares is softening and pricing power is scarce.
Source Fool.com
Jetblue Airways Corp. Aktie
4,51 €
2,38 %
Mehr Sell- als Buy-Zahlen bei Jetblue Airways Corp. zeigen ein leicht negatives Sentiment.
Ein leicht negatives Potenzial wird für Jetblue Airways Corp. mit einem Kursziel von 4 € im Vergleich zu 4.51 € gesehen.
