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Shares of Spirit Airlines Inc. (SAVE) dropped 0.17% to $24.01 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 1.67% to 12,639.27 and the Dow Jones Industrial Average rising 0.98% to 33,291.78. The stock's fall snapped a two-day winning streak. Spirit Airlines Inc. closed $4.29 short of its 52-week high ($28.30), which the company reached on February 10th.
The stock underperformed when compared to some of its competitors Thursday, as Southwest Airlines Co. (LUV) rose 1.98% to $38.55, Delta Air Lines Inc. (DAL) rose 2.04% to $33.99, and Ryanair Holdings PLC ADR (RYA.DB) rose 0.86% to $73.70. Trading volume (598,103) remained 1.9 million below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 25, 2022.
(END) Dow Jones Newswires
August 25, 2022 17:19 ET (21:19 GMT)
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