Spirit Airlines is an airline that provides travel opportunities principally throughout the domestic U.S., the Caribbean and Latin America. Co.'s ultra low-cost carrier business model provides customers unbundled base fares with a range of optional services, allowing customers to choose their options. Co. operates the Spirit Saver$ Club®, which is a subscription-based loyalty program that allows members access to unpublished, low fares as well as discounted prices on bags and seats, shortcut boarding and security, Flight Flex flight modification product, and offers on hotels, rental cars and other travel necessities. The SAVE stock yearly return is shown above.
The yearly return on the SAVE stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2023 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the SAVE annual return calculation with any dividends reinvested as applicable (on ex-dates).
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