Frontier Group shares surged 14.5% on Tuesday after rival Spirit Airlines filed for bankruptcy again, raising hopes of lower domestic competition. Trading volume nearly doubled its 50-day average at 8.85 million shares. Deutsche Bank upgraded the stock to 'Buy' with a $8 target, citing 35-40% route overlap with Spirit. Stock is still down 22% YTD.
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03:59 pm on
03 Sep