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14 Airline Stocks Flying High in 2019This summary was created by AI, based on 1 opinions in the last 12 months.
Spirit Airlines Inc. (SAVE-N) has received negative reviews from various experts, expressing concerns about its financial performance. The recurring theme in these evaluations is the suggestion that each flight leads to financial losses for the airline, prompting some experts to hope for a strategic exit from the market. This potential withdrawal is viewed not simply as detrimental to Spirit but could benefit the overall airline ecosystem by reducing excess capacity. The sentiment indicates a perception that with fewer competitors, other airlines might experience an increase in demand, further highlighting the struggles faced by Spirit Airlines. Overall, the outlook remains bleak with significant skepticism surrounding its ability to operate profitably within the current market conditions.
(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-N on the New York Stock Exchange (SAVE). It is usually referred to as NYSE:SAVE or SAVE-N
In the last year, 1 stock analyst published opinions about SAVE-N. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Spirit Airlines Inc..
Spirit Airlines Inc. was recommended as a Top Pick by on . 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 help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Spirit Airlines Inc. In the last year. It is a trending stock that is worth watching.
On 2025-03-12, Spirit Airlines Inc. (SAVE-N) stock closed at a price of $0.465.
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.