Shares of Spirit Airlines Inc. /zigman2/quotes/205782179/composite SAVE -0.20% rose 1.26% to $25.78 Tuesday, 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 +1.96% rising 1.28% to 14,194.45 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.47% rising 1.06% to 35,462.78. This was the stock's third consecutive day of gains. Spirit Airlines Inc. closed $14.99 below its 52-week high ($40.77), which the company achieved on March 18th.
The stock underperformed when compared to some of its competitors Tuesday, as Southwest Airlines Co. /zigman2/quotes/201071949/composite LUV +2.24% rose 3.30% to $46.07, Delta Air Lines Inc. /zigman2/quotes/200327741/composite DAL +3.00% rose 4.08% to $42.61, and Ryanair Holdings PLC ADR /zigman2/quotes/204098489/composite RYAAY +2.58% rose 1.73% to $120.70. Trading volume (11.9 M) eclipsed its 50-day average volume of 6.2 M.