Spirit Airlines Inc. stock falls Wednesday, underperforms market

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Shares of Spirit Airlines Inc. SAVE, -2.55% slipped 2.55% to $26.32 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP, +0.47% rising 0.47% to 14,501.91 and the Dow Jones Industrial Average DJIA, +0.30% rising 0.30% to 34,416.99. The stock’s fall snapped a three-day winning streak. Spirit Airlines Inc. closed $14.45 below its 52-week high ($40.77), which the company reached on March 18th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Southwest Airlines Co. LUV, -0.04% fell 0.04% to $54.45, Delta Air Lines Inc. DAL, -1.61% fell 1.61% to $44.02, and Ryanair Holdings PLC ADR RYAAY, -2.67% fell 2.67% to $111.79. Trading volume (5.1 M) eclipsed its 50-day average volume of 4.1 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.