Spirit Airlines (SAVE) Delisted from NYSE
Spirit Airlines (SAVE) was delisted from the New York Stock Exchange on November 18, 2024. Spirit Airlines shares are now trading on the over-the-counter (OTC) market under a new ticker symbol, SAVEQ.
How does this affect me?
Existing shares of SAVE were converted to over-the-counter (OTC) shares under a new ticker symbol, SAVEQ. OTC shares are not listed on major U.S. exchanges.
What does this mean?
Due to the delisting of SAVE shares to the OTC market, you’ll only be able to sell your shares.
Please be advised that stocks that are traded OTC sometimes face a smaller market compared to stocks listed on the NYSE or Nasdaq exchange. A smaller market may limit the number of people interested in purchasing shares, and this may result in less favorable execution prices or delays in execution.
To sell your stock holdings:
1. Tap the Money tab on your Cash App home screen
2. Tap on the Stock Tile
3. Scroll down to Stocks Owned
4. Select the company whose stock you want to sell
5. Press Sell
6. Select your full position. OTC positions may only be sold in full.
7. Confirm with your PIN or Touch ID
If you have more questions about this delisting and how it will affect the shares you’re holding, please refer to the Spirit Airlines Investor Relations website.
Transacting in OTC stocks has significant risks, find out more here.
Investing involves risk; you may lose money. Brokerage services provided by Cash App Investing LLC, member FINRA/SIPC. Past performance of a security or financial product does not guarantee future results or returns. You should consider the risks before investing. For more on the risks of investing see our Disclosure Library.
Customers are advised that stock and cash movements associated with corporate action events may not be visible in- app immediately following the event’s effective date. While most events are visible after a short period, some may require up to 7 business days to reflect accurately in the customer’s Investing holdings and Cash App balance.