Shares of Spirit Airlines (SAVE) fell sharply after the Wall Street Journal reported the discount airline was in discussions with bondholders about potentially filing for bankruptcy. The airline has been struggling to return to profitability following the COVID pandemic and its failed merger with JetBlue (JBLU).

Market Domination anchors Julie Hyman and Josh Lipton break down the report, discussing how this could impact the broader airline sector.

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This post was written by Stephanie Mikulich.