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Shares of Spirit Airlines Inc. (SAVE) slid 4.24% to $21.48 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 1.80% to 10,867.93 and Dow Jones Industrial Average falling 1.62% to 29,590.41. Spirit Airlines Inc. closed $6.82 below its 52-week high ($28.30), which the company achieved on February 10th.
The stock underperformed when compared to some of its competitors Friday, as Southwest Airlines Co. (LUV) fell 2.88% to $32.05, Delta Air Lines Inc. (DAL) fell 3.14% to $29.02, and Ryanair Holdings PLC ADR (RYA.DB) fell 2.87% to $62.50. Trading volume (1.6 M) remained 148,042 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 23, 2022.
(END) Dow Jones Newswires
September 23, 2022 17:20 ET (21:20 GMT)
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