finance.yahoo.com (nprofile…pkyy)
https://media.zenfs.com/en/motleyfool.com/1bac154858dfadfba969430b5377a5c3
https://finance.yahoo.com/news/down-98-time-buy-spirit-103000375.html
finance.yahoo.com / Yahoo! Finance
npub1va…rwc3n
2024-11-17 18:12:21
Author Public Key
npub1vap2usgr7nawhqexfk247ap0nfs34jqpjrxqqslrkv3rrrx8aessgrwc3nPublished at
2024-11-17 18:12:21Event JSON
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"Spirit Airlines' stock has been on a wild ride, with a 98% decline from its all-time high. The company's recent surge was short-lived, and its financial struggles and debt issues make it a value trap. Despite its cheap valuation, the company's revenue is declining, and it has reported operating losses for several quarters. The company's debt is a significant concern, with long-term debt exceeding 20 times its market capitalization. Any potential merger discussions have fallen through, leaving investors with a precarious situation."
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