Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Spirit Airlines Stock Is Soaring Today

TheMotleyFool

0 0

Why Spirit Airlines Stock Is Soaring Today: https://g.foolcdn.com/editorial/images/686201/gettyimages-962445754.jpg

Shares of the discount air carrier Spirit Airlines (NYSE: SAVE) were rising today after JetBlue Airways increased its offer to buy Spirit yesterday.

The airline stock was up by 8.1% as of 3:16 p.m. ET.

JetBlue had already proposed an offer to buy Spirit, but the company improved on its proposal yesterday by offering $33.50 per share in cash -- $2.00 per share higher than an offer from earlier in the month.

Source Fool.com

Like: 0

SAVE

Share