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Spirit Airlines' worth, Tesla's miss, and drug hikes: Business news roundup

Quartz

qz.com › spirit-airlines-worth-teslas-miss-and-drug-hikes-bus-1851732188

Spirit Airlines, which filed for bankruptcy in November, has given investors a peek into its ongoing reorganization. As part of that process, it filed a financial update with the Securities and Exchange Commission that shows its equity is worth less than the compensation paid to its executives in 2023.

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Bankrupt Spirit Airlines worth less than executives' 2023 pay

Quartz

qz.com › spirit-airlines-financial-update-bankruptcy-1851731202

Spirit Airlines, which filed for bankruptcy in November, has given investors a peek into its ongoing reorganization. As part of that process, it filed a financial update with the Securities and Exchange Commission that shows its equity is worth less than the compensation paid to its executives in 2023.

Read more...