Shares of Spirit Airlines Inc. /zigman2/quotes/205782179/composite SAVE -0.20% slipped 0.98% to $22.19 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP -1.19% rising 0.50% to 14,417.55 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.18% rising 0.63% to 35,629.33. The stock's fall snapped a two-day winning streak. Spirit Airlines Inc. closed $18.58 below its 52-week high ($40.77), which the company achieved on March 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Southwest Airlines Co. /zigman2/quotes/201071949/composite LUV -1.89% fell 1.97% to $44.29, Delta Air Lines Inc. /zigman2/quotes/200327741/composite DAL -1.60% rose 0.07% to $40.52, and Ryanair Holdings PLC ADR /zigman2/quotes/204098489/composite RYAAY -2.13% rose 1.75% to $118.03. Trading volume (6.0 M) eclipsed its 50-day average volume of 5.4 M.