Spirit Airlines stock to move to NYSE from Nasdaq, but keep its ticker

Spirit Airlines Inc. said it plans to transfer the listing of its shares to the New York Stock Exchange from the Nasdaq Global Select Market, starting Dec. 28. The ticker symbol will remain “SAVE” after the transfer. The air carrier said it determined that the transfer would be in the “best interest” of its shareholders. Spirit’s stock rose 2.2% in morning trade. It has slumped 24% year to date, while the NYSE Arca Airline Index has gained 5.0% and the S&P 500 has climbed 20%.

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From:: Stock Market News

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