Spirit Aviation stock is soaring on reports that White House is considering a rescue deal

Briana Lupea

The move : Spirit Aviation stock surged more than 400% on Wednesday. The stock, which was trading in penny-stock territory this week, reached $1.62 after trading at $0.27 on Monday. The jump brings the week's gain to 560%. The stock was delisted in 2024 and trades in the over-the-counter market. Why : The momentum began on Tuesday when President Donald Trump told CNBC that he was surprised the Iran war hadn't tanked markets more, but also addressed the problems facing Spirit Airlines. "I don't

Tag-uri: Donald Trump

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