SAVE - Why Spirit Airlines Stock Is Down | Benzinga
Spirit Airlines, Inc. (NYSE:SAVE) shares are trading lower Wednesday on continued downward momentum after a federal judge blocked JetBlue Airways Corporation (NASDAQ:JBLU) from acquiring the company.
What To Know:
On Tuesday, U.S. District Judge William Young in Boston ruled in favor of the Justice Department and blocked the proposed $3.8 billion purchase of Spirit Airline.
"The consumers that rely on ...