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Shares of Spirit Airlines Inc. (SAVE) slipped 0.94% to $24.25 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.21% to 12,965.34 and the Dow Jones Industrial Average rising 0.06% to 33,999.04. This was the stock's third consecutive day of losses. Spirit Airlines Inc. closed $4.05 below its 52-week high ($28.30), which the company achieved on February 10th.
The stock underperformed when compared to some of its competitors Thursday, as Southwest Airlines Co. (LUV) rose 0.10% to $38.98, Delta Air Lines Inc. (DAL) fell 0.14% to $34.49, and Ryanair Holdings PLC ADR (RYA.DB) rose 0.68% to $75.25. Trading volume (1.3 M) remained 1.5 million below its 50-day average volume of 2.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 18, 2022.
(END) Dow Jones Newswires
August 18, 2022 17:19 ET (21:19 GMT)
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