Is Spirit Airlines a Millionaire-Maker Stock?

Spirit Airlines (NYSE: SAVE) is a high-risk investment that only the most aggressive investors should be looking at right now. If you pass that screen, then the next big question is whether the risk is worth the reward. Spirit is in a high-stakes battle to avoid bankruptcy, but even if it manages the feat it probably won't be a millionaire-making achievement.Spirit Airlines is a budget airline and there's nothing wrong with that. The problem is that airlines are always working with tight margins,so when things aren't going well the impact on the bottom line can be very bad. In this case, the coronavirus pandemic sent Spirit into a spiral from which it has yet to recover.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool