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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
03/21/2024 |
$4.50 |
$4.79 |
$4.43 |
$4.73 |
6.83M | 03/22/2024 |
$4.64 |
$4.77 |
$4.56 |
$4.70 |
4.18M | 03/25/2024 |
$4.72 |
$4.86 |
$4.62 |
$4.75 |
4.56M | 03/26/2024 |
$4.82 |
$4.83 |
$4.63 |
$4.64 |
3.49M | 03/27/2024 |
$4.59 |
$4.67 |
$4.43 |
$4.62 |
6.06M |
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Spirit Airlines is an airline that provides travel opportunities principally throughout the domestic U.S., the Caribbean and Latin America. Co.'s ultra low-cost carrier business model provides customers unbundled base fares with a range of optional services, allowing customers to choose their options. Co. operates the Spirit Saver$ Club®, which is a subscription-based loyalty program that allows members access to unpublished, low fares as well as discounted prices on bags and seats, shortcut boarding and security, Flight Flex flight modification product, and offers on hotels, rental cars and other travel necessities. | |
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Spirit Airlines (SAVE) has the following price history information. Looking back at SAVE historical stock prices for the last five trading days, on March 21, 2024, SAVE opened at $4.50, traded as high as $4.79 and as low as $4.43, and closed at $4.73. Trading volume was a total of 6.83M shares. On March 22, 2024, SAVE opened at $4.64, traded as high as $4.77 and as low as $4.56, and closed at $4.70. Trading volume was a total of 4.18M shares. On March 25, 2024, SAVE opened at $4.72, traded as high as $4.86 and as low as $4.62, and closed at $4.75. Trading volume was a total of 4.56M shares. On March 26, 2024, SAVE opened at $4.82, traded as high as $4.83 and as low as $4.63, and closed at $4.64. Trading volume was a total of 3.49M shares. On March 27, 2024, SAVE opened at $4.59, traded as high as $4.67 and as low as $4.43, and closed at $4.62. Trading volume was a total of 6.06M shares.
SAVE Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Spirit Airlines shares, starting with a $10,000 purchase of SAVE, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$59.40 |
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End price/share: |
$4.62 |
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Starting shares: |
168.35 |
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Ending shares: |
186.34 |
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Dividends reinvested/share: |
$1.40 |
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Total return: |
-91.39% |
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Average Annual Total Return: |
-21.75% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$861.26 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$59.40 |
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End price/share: |
$4.62 |
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Dividends collected/share: |
$1.40 |
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Total return: |
-89.87% |
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Average Annual Total Return: |
-20.47% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$1,012.94 |
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Years: |
10.00 |
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Date |
Close |
03/21/2024 | $4.73 | 03/22/2024 | $4.70 | 03/25/2024 | $4.75 | 03/26/2024 | $4.64 | 03/27/2024 | $4.62 |
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