Spirit Airlines (SAVE) Plummets Amid Bankruptcy Concerns

Oct 04, 2024

Spirit Airlines (SAVE, Financial) experienced a significant drop in its stock price, initially plunging over 37% to $1.40, marking the largest decline since January and reaching a record low. The decline later narrowed to 27%. Reports indicate that the company is in discussions with bondholders regarding the terms of a potential bankruptcy filing.

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