Spirit Airlines (SAVE) option implied volatility elevated

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Go back to Spirit Airlines (SAVE) option implied volatility elevated

Spirit Airlines (SAVE) plunges as JetBlue (JBLU) deal blocked by judge

January 16, 2024 2:27 PM EST

Spirit Airlines (NYSE: SAVE) shares plunged over 50% Tuesday after JetBlue Airways' (NASDAQ: JBLU) acquisition of its low-cost rival was blocked by a federal judge, saying it "would substantially lessen competition."

The Justice Department previously sued to halt... More