I just happened to check stock prices a little while ago and saw that Frontier's stock shot up $2.17 or 10.73% today. I know on Friday they issued a press release saying the thought they would now make a profit for the current quarter, whereas before they had expected to break even. Obviously, that's good news, but normally news of this nature won't make a stock go up that much in just one day. Is something else going on with them behind the scenes?
Four and a half times the number of shares that are normally traded were traded today.I believe when the stock market reopened after 9/11 Frontier was at $6.11. It's now up over $22.00 a share. For airline stocks, that's a miracle in this day and age.
Frontier must be doing something right. I wish I had bought some of their stock. Way to go, Frontier!