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Shares of Spirit Airlines Inc. (SAVE) slid 0.81% to $24.48 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 1.25% to 12,938.12 and Dow Jones Industrial Average falling 0.50% to 33,980.32. This was the stock's second consecutive day of losses. Spirit Airlines Inc. closed $3.82 below its 52-week high ($28.30), which the company reached on February 10th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Southwest Airlines Co. (LUV) fell 2.33% to $38.94, Delta Air Lines Inc. (DAL) fell 2.26% to $34.54, and Ryanair Holdings PLC ADR (RYA.DB) fell 2.82% to $74.74.true Trading volume (1.7 M) remained 1.2 million below its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 17, 2022.
(END) Dow Jones Newswires
August 17, 2022 17:19 ET (21:19 GMT)
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