Shares of Spirit Airlines Inc. /zigman2/quotes/205782179/composite SAVE +0.06% slumped 0.94% to $27.27 Thursday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +2.18% falling 2.10% to 14,185.64 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.64% falling 1.47% to 35,241.59. The stock's fall snapped a four-day winning streak. Spirit Airlines Inc. closed $13.50 short of its 52-week high ($40.77), which the company reached on March 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Southwest Airlines Co. /zigman2/quotes/201071949/composite LUV +2.11% fell 1.04% to $46.53, Delta Air Lines Inc. /zigman2/quotes/200327741/composite DAL +2.79% rose 0.05% to $43.90, and Ryanair Holdings PLC ADR /zigman2/quotes/204098489/composite RYAAY +2.55% rose 1.75% to $124.13. Trading volume (6.8 M) eclipsed its 50-day average volume of 6.3 M.