As of publication, the stock has fallen over 8.7%, at $2.885 per share.
According to the Zhìtōng Cáijīng APP, on Wednesday, shares of Spirit Aviation (SAVE.US) fell. As of publication, the stock has fallen over 8.7%, at $2.885 per share. TD downgraded the rating of the stock to "sell" with a target price of $2. The company lowered its revenue expectations for the second quarter due to lower-than-expected non-ticket revenue. It is currently expected that revenue in the second quarter will be $1.28 billion, while previously expected to be 1.32 billion-1.34 billion dollars; analysts expect it to be $1.32 billion. Spirit Airlines also expects second-quarter operational losses to be between $0.16 billion and $0.173 billion, compared to the previously forecasted loss of $0.121 billion to $0.145 billion.