Spirit Airlines (SAVE) in Focus: Stock Gains 7.2% in Session
Spirit Airlines, Inc. SAVE was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 22% in the past one-month time frame.
This airline industry stock witnessed eight negative estimate revisions over the past 30 days. The Zacks Consensus Estimate also moved down over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher lasts.
Spirit Airlines carries a Zacks Rank #5 (Strong Sell).
However, a better-ranked stock in the same space is ANA Holdings Inc. ALNPY, sporting a Zacks Rank #1 (Strong Buy).
Is SAVE going up? Or down? Predict to see what others think: Up or Down
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SPIRIT AIRLINES (SAVE): Free Stock Analysis Report
ANA HOLDINGS (ALNPY): Free Stock Analysis Report
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