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Shares of Spirit Airlines Inc. (SAVE) shed 0.09% to $22.68 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 0.56% to 11,816.20 and Dow Jones Industrial Average falling 0.88% to 31,510.43. This was the stock's fifth consecutive day of losses. Spirit Airlines Inc. closed $5.62 below its 52-week high ($28.30), which the company achieved on February 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Southwest Airlines Co. (LUV) fell 1.34% to $36.70, Delta Air Lines Inc. (DAL) fell 2.05% to $31.07, and Ryanair Holdings PLC ADR (RYA.DB) rose 0.57% to $72.71. Trading volume (1.3 M) remained 1.1 million below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 31, 2022.
(END) Dow Jones Newswires
August 31, 2022 17:19 ET (21:19 GMT)
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