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Shares of Spirit Airlines Inc. (SAVE) inched 0.25% higher to $20.22 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 2.05% to 11,051.64 and the Dow Jones Industrial Average rising 1.88% to 29,683.74. The stock's rise snapped a three-day losing streak. Spirit Airlines Inc. closed $8.08 below its 52-week high ($28.30), which the company reached on February 10th.
The stock underperformed when compared to some of its competitors Wednesday, as Southwest Airlines Co. (LUV) rose 2.95% to $32.43, Delta Air Lines Inc. (DAL) rose 3.47% to $29.49, and Ryanair Holdings PLC ADR (RYA.DB) rose 1.61% to $59.91. Trading volume (2.4 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 28, 2022.
(END) Dow Jones Newswires
September 28, 2022 17:20 ET (21:20 GMT)
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