Why Spirit Airlines Stock Is Flying High Today
Merger talks between Frontier Group Holdings (NASDAQ: ULCC) and Spirit Airlines (NYSE: SAVE) are reportedly heating up again, and investors are excited about the possibility.
Shares of Spirit soared as much as 50% at the open on Wednesday and traded up about 40% as of 11 a.m. ET.
The future of Spirit Airlines has been up in the air for some time now. In 2022, the airline agreed to combine with Frontier but JetBlue Airways stepped in with its own bid, eventually agreeing to acquire Spirit.
Source Fool.com
Jetblue Airways Corp. Stock
€4.15
-0.660%
The sentiment is rather negative at the moment with 11 Sell predictions and 1 Buy predictions.
A potential of -27.75%, resulting from comparing the current price of 4.15 € with the target price of 3 € for Jetblue Airways Corp., shows the chance of incurring significant losses.
