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  • 📰 $SAVE – SPIRIT AIRLINES SHARES FALL 35% AFTER REPORT OF POTENTIAL BANKRUPTCY FILING
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📰 $SAVE – SPIRIT AIRLINES SHARES FALL 35% AFTER REPORT OF POTENTIAL BANKRUPTCY FILING

October 4, 2024
Frank

$SAVE – SPIRIT AIRLINES SHARES FALL 35% AFTER REPORT OF POTENTIAL BANKRUPTCY FILING

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📰 BIDEN: JOBS REPORT GOOD NEWS BUT WE HAVE MORE TO DO LOWER COSTS
📰 SEPTEMBER PAYROLLS COULD BE REVISED LOWER The surprising increase in payrolls is likely to be revised lower, Pantheon’s Samuel Tombs says in a note about today’s 254,000 print, an increase from August’s 159,000 that beat estimates of 150,000. The spike “goes against the grain of a wide range of indicators pointing to a continued pullback in hiring,” Tombs says, adding that only 62% of the businesses in the sample filed responses on time for the estimate, down from 68% a year ago. “We think that small businesses are disproportionately late responders and are cutting back on hiring more than large businesses.”

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