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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Spirit Airlines Inc | NYSE:SAVE | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.08 | 0 | 00:00:00 |
14:17 ET -- Spirit Airlines is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. The airline's proposed $3.8 billion acquisition by JetBlue has been blocked by a federal judge who agreed with the U.S. Justice Department's assertion that the deal would eliminate a competitor important to price-conscious travelers. Removing Spirit as a rival would free JetBlue to raise prices by as much as 30%, the Justice Department said. JetBlue had argued it needed the merger to get big enough to compete with the four largest airlines: United, American, Delta and Southwest. Spirit shares are down almost 50% at $7.65. Dow Jones & Co. owns Factiva. (jennifer.tershak@wsj.com)
(END) Dow Jones Newswires
January 16, 2024 14:32 ET (19:32 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
1 Year Spirit Airlines Chart |
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