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Shares of Spirit Airlines Inc. (SAVE) rose 2.07% to $22.63 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 2.14% to 11,791.90 and the Dow Jones Industrial Average rising 1.40% to 31,581.28. This was the stock's second consecutive day of gains. Spirit Airlines Inc. closed $5.67 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) rose 2.86% to $37.79, Delta Air Lines Inc. (DAL) rose 3.33% to $32.23, and Ryanair Holdings PLC ADR (RYA.DB) rose 1.55% to $73.86. Trading volume (1.0 M) remained 1.1 million below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 7, 2022.
(END) Dow Jones Newswires
September 07, 2022 17:19 ET (21:19 GMT)
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