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Actionable news in SAVE: Spirit Airlines, Inc.,

Today's Dead Cat Bounce Stock: Spirit Airlines (SAVE)

Trade-Ideas LLC identified Spirit Airlines ( SAVE) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Spirit Airlines as such a stock due to the following factors:

  • SAVE has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $66.0 million.
  • SAVE has traded 431,745 shares today.
  • SAVE is up 3% today.
  • SAVE was down 15.3% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in SAVE with the Ticky from Trade-Ideas. See the FREE profile for SAVE NOW at Trade-Ideas More details on SAVE: Spirit Airlines, Inc. provides low-fare airline services. As of June 30, 2015, it operated approximately 360 daily flights to 57 destinations in the United States, Caribbean, and Latin America. SAVE has a PE ratio of 14. Currently there are 9 analysts that rate Spirit Airlines a buy, no analysts rate it a sell, and 1 rates it a hold. The average volume for Spirit Airlines has been 1.1 million shares per day over the past 30 days. Spirit Airlines has a market cap...