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Feb. 8, 2022, 5:20 p.m. EST

Spirit Airlines Inc. stock rises Tuesday, still underperforms market

MarketWatch Automation

Shares of Spirit Airlines Inc. (NYS:SAVE) 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 (NASDAQ:COMP) rising 1.28% to 14,194.45 and the Dow Jones Industrial Average (DOW:DJIA) 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. (NYS:LUV) rose 3.30% to $46.07, Delta Air Lines Inc. (NYS:DAL) rose 4.08% to $42.61, and Ryanair Holdings PLC ADR (NAS:RYAAY) rose 1.73% to $120.70. Trading volume (11.9 M) eclipsed its 50-day average volume of 6.2 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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