Saturday, January 11

Tag: Spirit Airlines

Airline company stocks had an amazing 2024

Airline company stocks had an amazing 2024

Business
An airplanePhoto: Kevin Carter (Getty Images)In This StoryRegardless of opening the year with a door plug blowout whose fallout resounded throughout the market, U.S. airline companies had a respectable year in the stock exchange. Bloomberg reports that the S&P Supercomposite Airlines index increased 57% this year, beating the S&P 500 by more than 30 portion points-- the most significant such space in a years.Recommended ReadingHow AI is redefining professions, according to Deloitte CTO Bill BriggsRecommended ReadingThe year had some especially huge Wall Street flops amongst providers, with the now-bankrupt Spirit Airlines entering your mind. Its shares were delisted by the New York Stock Exchange and now trade amongst so-called cent stocks; they have actually lost almost all their worth. A...