
NYSE:SAVE
(A Top Pick March 23/15. Down 37.65%.) Had thought this would do better. It had the benefit of very low oil prices at that time, and was an ultra low cost carrier, which was attractive, and it was winning share. Started to have problems operationally. It is going to take time to repair some of the reputational damage. As oil prices came up, he exited his position.
There are a few technical issues you need to watch out for in trading. Many people are down 50%. There is a behavioural pattern where people say that if it just rallies back to the next resistance point, they are going to get out. However, it never quite gets there because everybody is doing the very same thing. You are fighting a tide, and it is a big tide. Just recognize that this is one that didn’t work out for you, and drive on.
Spirit Airlines Inc. is a American stock, trading under the symbol SAVE (previously SAVE-N on Stockchase) on the New York Stock Exchange (SAVE). It is usually referred to as NYSE:SAVE or SAVE
In the last year, no analyst issued a Buy, Sell, or Hold rating on SAVE (previously SAVE-N on Stockchase) on Stockchase. Read the latest expert commentary for Spirit Airlines Inc..
Spirit Airlines Inc. was recommended as a Top Pick by John Stephenson on 2015-03-23. Read the latest stock experts ratings for Spirit Airlines Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Spirit Airlines Inc..
Spirit Airlines Inc. is followed by 15 investors on Stockchase and is a trending stock that is worth watching.
On 2025-03-12, Spirit Airlines Inc. (SAVE) stock closed at a price of $0.47.
Each time they fly, they lose money. He hopes they come out of the market to reduce capacity and increase overall airline demand for the other airlines.