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    Should you buy Spirit Airlines stock?It's pretty simple: Don't buy stocks of companies that continue to lose money and have insurmountable piles of debt. One might argue that Spirit Airlines is cheap, given the current discount to book value. Book value is an estimate of the net worth of a company's balance sheet; it takes all of a company's assets and subtracts the liabilities.
    Who owns Spirit Airlines?When looking at the financial institutions with the greatest stake in Spirit, The Vangaurd Group owns 9.52 percent and 7.69 percent belongs to BlackRock. Spirit Airlines’ passengers traveling from Jamaica to Florida on Saturday endured quite a scare. How the company is responding to the events over the weekend.
    How bad are Spirit Airlines' earnings & cash flow statements?The earnings and cash flow statements for Spirit Airlines are ugly. Its liabilities look even more concerning. Spirit has over $3 billion in long-term debt and $157 million in debt due within the next 12 months. It is hard to see how it will pay back this debt if it keeps burning cash flow and losing money.
    Will Spirit Airlines continue falling?Therefore, I suspect that it will continue falling as sellers target the support at $3.0. However, it is still highly risky to place a short trade on Spirit Airlines because it can be a good candidate for a short-squeeze as we saw with Faraday Future and GameStop.
     
  4. Spirit Airlines Inc (SAVE) Stock Price & News - Google Finance

  5. Spirit Airlines Inc (NYSE: SAVE)

    3.73
    USD +0.14 (+3.90%)
    See more on MSN · Data from Refinitiv · NLS Real-Time Price · Price in USD · Market closed · Disclaimer
    See more about SAVE Stock
  6. Spirit Airlines, Inc. (SAVE) Stock Price, News, Quote & History

  7. SAVE Stock Price | Spirit Airlines Inc. Stock Quote (U.S.: NYSE ...

  8. SAVE | Spirit Airlines Inc. Stock Price & News - WSJ

  9. Why Spirit Airlines Stock Flew Higher at the Open Today - Yahoo …

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  12. Spirit Announces Stockholder Approval of Merger Agreement with …

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  14. Spirit Airlines Stock Soars After Carrier Raises Guidance, …

  15. Spirit Airlines Stock Price | SAVE Stock Quote, News, and History ...

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  21. Spirit Airlines Drops Change Fees in New Push for Profitability

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  25. Spirit Airlines, Inc. (SAVE) Stock Price, News, Quote & History

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  27. Spirit Airlines to Open New Crew Base for Pilots at Newark …

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  29. Huge News for Spirit Airlines Stock | The Motley Fool

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  31. Spirit Airlines to Open New Crew Base for Pilots at Newark …

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