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Can Spirit Airlines Stock Reach $10 by 2030?

TheMotleyFool

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Can Spirit Airlines Stock Reach $10 by 2030?: https://g.foolcdn.com/editorial/images/781990/passenger-seated-in-airplane.jpg

In the roughly 24-month period leading up to their all-time high in December 2014, shares of Spirit Airlines (NYSE: SAVE) skyrocketed 400%. But it's been a turbulent journey since then, with the stock plunging 96% from that peak price.

Even this year, the airline stock is down a gut-wrenching 78%. That's truly disappointing considering that the broader market is in record territory.

Can Spirit Airlines stock, which sells for $3.66 (as of June 28), rise 173% to reach $10 by 2030? For what it's worth, shares were at that level as recently as January.

Source Fool.com

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