Spirit Airlines Stock Flies After Carrier Extends Debt Refinancing Deadline

Key TakeawaysSpirit Airlines shares surged higher Monday morning as the carrier said it extended a deadline for debt refinancing with Visa and Mastercard.The discount airline also said it has used all of a $300 million revolving credit line, and expects to have about $1 billion of liquidity by the end of 2024.Shares were up nearly 40% in premarket trading, but already lost nearly 90% of their value since the start of the year. Spirit Airlines (SAVE) shares jumped nearly 40% in premarket trading Monday as ma ...