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Shares of Spirit Airlines Inc. (SAVE) slid 1.59% to $22.34 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 1.79% to 11,220.19 and Dow Jones Industrial Average falling 1.70% to 30,183.78. This was the stock's second consecutive day of losses. Spirit Airlines Inc. closed $5.96 short of its 52-week high ($28.30), which the company achieved on February 10th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Southwest Airlines Co. (LUV) fell 2.76% to $34.12, Delta Air Lines Inc. (DAL) fell 4.85% to $31.16, and Ryanair Holdings PLC ADR (RYA.DB) fell 3.00% to $65.65.true Trading volume (864,592) remained 950,014 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 21, 2022.
(END) Dow Jones Newswires
September 21, 2022 17:21 ET (21:21 GMT)
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