SAVE Stock: Spirit Airlines Is Still Counting on JetBlue to Save It
JBLUJetBlue(JBLU) InvestorPlace·2024-02-08 22:31

Spirit Airlines (NASDAQ:SAVE) made clear it still wants to merge with JetBlue (NASDAQ:JBLU) as it reported results this morning. The budget airline reported a loss of 148.7million,148.7 million, 1.36 per share fully adjusted on revenue of 1.32billion.Thelosswassmallerthanexpected.Thecompanyalsoreportedalossfortheyearof1.32 billion. The loss was smaller than expected. The company also reported a loss for the year of 448 million, 4.10pershare.SAVEstockopenedtodayat4.10 per share. SAVE stock opened today at 7.32 per share, a market capitalization of about $750 million. Can This Spirit Be Saved? Spirit CEO Ted Christie was optimist ...