Spirit Air, JetBlue Shares Quiet Following Earlier Report Spirit Has Rejected JetBlue’s Offer
https://www.cnbc.com/2022/05/06/jetblue-airways-at-a-crossroads-after-spirit-rejects-its-takeover-offer.html
FAA Requires US Airlines To Upgrade And Replace Radio Altimeters: Reuters
The Federal Aviation Administration (FAA) plans to meet with telecom and airline industry officials to discuss a campaign…
Earnings Scheduled For May 4, 2022
Companies Reporting Before The Bell
• Seres Therapeutics (NASDAQ:MCRB) is estimated to report quarterly loss at $0.52 per share on revenue of $8.48 million.
Analyzing Spirit Airlines’s Short Interest
Spirit Airlines's (NYSE:SAVE) short percent of float has fallen 3.34% since its last report. The company recently reported that it has 10.17 million shares sold short, which is 9.84% of all regular shares that are available for trading.
Why Spirit Airlines Stock Is Grounded Today
Spirit Airlines Inc (NYSE: SAVE) shares are trading lower Monday after the company rejected JetBlue Airways Corp's (NASDAQ: JBLU) proposal and said it will proceed with its previously-announced mer
31 Stocks Moving In Monday’s Mid-Day Session
Gainers
Redbox Entertainment Inc. (NASDAQ: RDBX) climbed 64.9% to $9.86. Redbox recently reported CFO transition.
JetBlue Submits ‘Enhanced’ Proposal To Acquire Spirit, Continues To Offer $33/Share In Cash And Adds Divestiture Commitment And Reverse Break-Up Fee
By adding clear divestiture commitments and a reverse break-up fee to its previous all-cash offer, JetBlue offers more value and certainty to Spirit shareholders than the Frontier transaction
