If You'd Invested $10,000 in Spirit Airlines Stock 10 Years Ago, Here's How Much You'd Have Today

Company Overview - Spirit Airlines' stock has experienced a significant decline, recently down 85% from its 52-week high, with a 10-year average annual loss of approximately 26% [2] Investment Performance - An investment of $10,000 in Spirit Airlines a decade ago would now be worth only $377, and if dividends were reinvested, the value would decrease to $342 [3] Financial Challenges - The company has been struggling with high debt levels, exacerbated by the pandemic, and a proposed acquisition by JetBlue fell through, leading to potential bankruptcy considerations [4] Market Position - Spirit Airlines is currently in discussions with Frontier Airlines for a potential deal, but the overall financial health of the company raises concerns about its attractiveness as an investment compared to other stocks with better prospects [4]