Will Spirit Airlines Go Under?

Will Spirit Airlines Go Under? Boarding1Now / iStock Editorial via Getty Images Two things happened to Spirit Airlines (NYSE: SAVE) recently. Each pushed its stock in different directions. U.S. District Judge William Young blocked a merger with Jetblue (NASDAQ: JBLU), saying, “The elimination of Spirit would harm cost-conscious travelers who rely on Spirit’s low fares.” The stock plunged 64%. Almost immediately, Jetblue said it would appeal the decision. Spirit’s shares soared.Between these two decisions, ...