Spirit Airlines Incorporated (Nasdaq:SAVE) Increase 52 Week High Record

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Shipwreck freeimages.com/Roger Buser
Shipwreck freeimages.com/Roger Buser

Spirit Airlines Incorporated (Nasdaq:SAVE)

December 5th, 2018
Amidst falling markets Spirit Airlines Incorporated fell $1.43 Tuesday, a 2.21% decline, closing at $63.13. Despite the drop in price it hit a new 52 week high of $65.35.

SAVE outperformed the rest of the Industrials sector which went down just 4.35% today.

Results from 17 analysts indicates that Spirit Airlines Incorporated might grow somewhat (7.25%), while Finbox has calculated (with low uncertainty) a fair value price of $59.38.

Market Sectors

The market sectors were mixed Wednesday with a majority of the sectors trending down. Utilities saw the biggest increase of the day (0.15%), while Financials saw the biggest drop (4.40%). Healthcare has seen the biggest year-to-date gain at 13%. The biggest loss this year has been the Communication Services sector declining 13%.

Utilities saw the biggest turnaround from its 5-day performance of 2.31%, as it went up 0.15%. Industrials and Consumer Discretionary experienced turn arounds from their five day positive performance, Industrials with a drop of 4.35%.

Sector Breakdown

  • Utilities went up with a 0.15% change.
  • Real Estate went down with a -1.26% change.
  • Consumer Staples went down with a -1.63% change.
  • Healthcare went down with a -2.30% change.
  • Energy went down with a -2.93% change.
  • Materials went down with a -3.08% change.
  • Communication Services went down with a -3.14% change.
  • Information Technology went down with a -3.86% change.
  • Consumer Discretionary went down with a -3.91% change.
  • Industrials went down with a -4.35% change.
  • Financials went down with a -4.40% change.

Savencia Fromage & Dairy is based in Viroflay, France. Savencia Fromage & Dairy was founded in 1956.

Spirit Airlines Incorporated Info

Spirit Airlines, Inc. provides low-fare airline services. The company operates approximately 450 daily flights to 60 destinations in the United States, the Caribbean, and Latin America. As of December 31, 2017, the company had a fleet of 112 Airbus single-aisle aircraft comprising 31 A319s, 51 A320ceos, 5 A320neos, and 25 A321ceos. It offers tickets through its call centers and airport ticket counters, as well as online through spirit.com; and through various third parties, including online, traditional travel agents, and electronic global distribution systems. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida.

All amounts in USD unless otherwise indicated
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