0.03 (0.16%) 1d

(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.


Airlines are slaves to fuel prices. We hear all the negatives to low oil prices, however dropping oil prices is a net positive to many industries like this one. It is a decent place to look but it is a trade because it is tied to the commodity.


A deep discounter in the US. The stock had done phenomenally well. Was probably the best advertising company that he had ever seen. The stock came off with all the rest of the airlines. Recently the CEO had been let go. Wouldn’t recommend it here, but they were good operators.


A solid, new category called ‘ultra low cost carrier’. It is not a very comfortable experience to fly them and you pay extra for everything. It has gotten very beaten up this year, but he prefers WJA-T.


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.


Airlines are trading at very low multiples compared to other transportation. It is dirt cheap. An ultra low cost carrier. Flies to major domestic cities. Best margin in the business. It is not a business travelers` airline. They do 13% more flights per day with their planes than other carriers.

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Spirit Airlines Inc.(SAVE-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Spirit Airlines Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Spirit Airlines Inc.(SAVE-N) Frequently Asked Questions

What is Spirit Airlines Inc. stock symbol?

Spirit Airlines Inc. is a American stock, trading under the symbol SAVE-N on the New York Stock Exchange (SAVE). It is usually referred to as NYSE:SAVE or SAVE-N

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In the last year, there was no coverage of Spirit Airlines Inc. published on Stockchase.

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Spirit Airlines Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Spirit Airlines Inc..

Why is Spirit Airlines Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Spirit Airlines Inc. worth watching?

In the last year, there was no coverage of Spirit Airlines Inc. published on Stockchase.

What is Spirit Airlines Inc. stock price?

On 2023-06-01, Spirit Airlines Inc. (SAVE-N) stock closed at a price of $15.185.