International Companies
Spirit Airlines shares sink on bankruptcy speculation
By Benjamin Chiou
Date: Friday 04 Oct 2024
(Sharecast News) - Spirit Airlines were plummeting in pre-market trade on Friday after reports emerged that the American low-cost carrier is considering filling for bankruptcy.
Stock futures were down around 40% at $1.35 by 0645 in New York before markets opened, having already dropped by 86% so far this year.
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