Is Spirit Airlines Stock a Buy?

Spirit Airlines (SAVE 2.78%) has experienced nothing but turbulence lately. The company is dealing with the fallout of a failed merger attempt with JetBlue and has struggled to get on better financial footing. Perhaps a successful turnaround is on the horizon. Should investors buy this struggling airline stock? After the proposed merger with JetBlue was blocked by a federal judge earlier this year, it seemed like shareholders were disappointed. The objective of the deal was to create a more powerful domesti ...