Today: 23 April 2026
Browse Category

OTC:SAVEQ 7 December 2025

Spirit Airlines Stock in December 2025: What SAVEQ and FLYYQ Investors Need to Know After the Second Bankruptcy

Spirit Airlines Stock in December 2025: What SAVEQ and FLYYQ Investors Need to Know After the Second Bankruptcy

Spirit Airlines stock now trades over-the-counter under SAVEQ and FLYYQ after two Chapter 11 bankruptcies within a year. SAVEQ last changed hands near $0.47, while FLYYQ trades around $0.31 with low liquidity. The company was delisted from major exchanges after failed merger talks and ongoing financial losses. Existing shareholders are not expected to recover value under the latest restructuring plan.

Stock Market Today

  • Spirit Aviation Stock Skyrockets amid Potential Trump Administration Bailout
    April 23, 2026, 6:11 AM EDT. Spirit Aviation Holdings (FLYYQ) shares surged nearly 500% after reports surfaced that the Trump administration is close to finalizing a deal to rescue the low-cost airline. The US government may provide up to $500 million in loans in exchange for warrants, potentially gaining a stake in the company. Spirit has faced financial woes amid rising costs and thin profit margins, filing for bankruptcy twice since 2025 and eyeing a Chapter 11 exit by early summer. President Trump indicated a willingness to assist Spirit, highlighting its struggles. The federal intervention appears aimed at stabilizing a troubled player in the budget aviation sector, with implications for the airline market and investors alike.

Latest article

Tesla Q1 Earnings: Profit Beats Estimates on $22.4 Billion Revenue, but Musk’s Spending Surge Raises the Stakes

Tesla Q1 Earnings: Profit Beats Estimates on $22.4 Billion Revenue, but Musk’s Spending Surge Raises the Stakes

23 April 2026
Tesla reported first-quarter revenue of $22.39 billion and net income of $477 million, beating profit expectations despite weak vehicle deliveries and rising inventory. Adjusted earnings per share were 41 cents. Free cash flow reached $1.44 billion, but the company warned it would likely turn negative for the rest of 2026. Tesla increased its capital spending forecast to over $25 billion for the year.
Gold eases from one-week bounce as Iran truce holds and Warsh signals hawkish tilt

Gold eases from one-week bounce as Iran truce holds and Warsh signals hawkish tilt

23 April 2026
Gold fell 0.8% to $4,701/oz in early Asian trade Thursday, reversing much of Tuesday’s gain as an extended U.S.-Iran ceasefire reduced safe-haven demand. The dollar index rose to 98.57 and U.S. 10-year yields hit 4.31% after hawkish comments from Fed chair nominee Kevin Warsh. Gold remains about 13% below its January record high but is up 8% year-to-date. Traders await the April 28–29 FOMC meeting.
Asia Stocks Slip From Record Highs as Oil Surges Above $100 and Nikkei Fails to Hold 60,000

Asia Stocks Slip From Record Highs as Oil Surges Above $100 and Nikkei Fails to Hold 60,000

23 April 2026
Japan’s Nikkei closed down 0.75% at 59,140.23 after briefly topping 60,000, as Brent crude climbed to $103.3 a barrel amid renewed tensions in the Strait of Hormuz. MSCI’s Asia-Pacific index outside Japan slipped 0.5%. South Korea’s economy grew 1.7% in Q1, beating forecasts, with SK Hynix reporting a five-fold profit jump. Hong Kong’s Hang Seng fell 1.1%, China’s CSI300 dropped 0.8%.
Go toTop