Frontier rallies after Citi opens positive catalyst watch on the airline stock

seekingalpha2023-06-02

Citi opened a positive 90-day catalyst watch on Frontier Group Holdings (NASDAQ:ULCC) on Friday. The firm based its call for a short-term rally for Frontier off the carrier landing key takeoff slots, ...

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The firm based its call for a short-term rally for Frontier off the carrier landing key takeoff slots, ...</p>\n\n<a href=\"https://seekingalpha.com/news/3977160-frontier-rallies-after-citi-opens-positive-catalyst-watch-on-the-airline-stock\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Frontier rallies after Citi opens positive catalyst watch on the airline stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrontier rallies after Citi opens positive catalyst watch on the airline stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-02 22:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3977160-frontier-rallies-after-citi-opens-positive-catalyst-watch-on-the-airline-stock><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Citi opened a positive 90-day catalyst watch on Frontier Group Holdings (NASDAQ:ULCC) on Friday. The firm based its call for a short-term rally for Frontier off the carrier landing key takeoff slots, ...</p>\n\n<a href=\"https://seekingalpha.com/news/3977160-frontier-rallies-after-citi-opens-positive-catalyst-watch-on-the-airline-stock\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BSNM7G36.USD","symbol_name":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","start_time":0,"source_url":"https://seekingalpha.com/news/3977160-frontier-rallies-after-citi-opens-positive-catalyst-watch-on-the-airline-stock","article_id":"2340450037","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1433637886/image_1433637886.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2340450037","pubTimestamp":1685716785,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Citi opened a positive 90-day catalyst watch on Frontier Group Holdings (NASDAQ:ULCC) on Friday. 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The firm based its call for a short-term rally for Frontier off the carrier landing key takeoff slots, landing slots, and gates at LaGuardia Airport in New York City. The relative underperformance of the airline stock this year was also a factor in the Citi confidence. With its Q1 earnings report, Frontier (ULCC) reported ancillary revenue per passenger for the first quarter was up 15% year-over-year to $80. Revenue per available seat miles was 19% higher for the quarter. Shares of Frontier (ULCC) rallied 4.47% in late morning trading on Friday to $8.63 vs. the 52-week trading range of $7.61 to $15.25. Short interest on ULCC stands at just under 10% of total float. More on Frontier:  Frontier Airlines: Major Upside For This Airline Stock Frontier Q1 earnings call transcript Growth metrics on Frontier Seeking Alpha's Quant Rating for Frontier","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"claudebot","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2340450037"}