One of the more impressive market movers last week is a company I really don't focus on too much. The ultra-low-cost carrier Frontier Airlines (ULCC), with a stock ticker to match its underlying business model (ultra-low-cost carrier), made a massive 15% move higher on Tuesday. For the week, shares of ULCC stock ended around 10% higher, so this move was mostly sustained and suggests the key catalyst driving this move remains a focal point for investors.
Let's dive into the key catalyst that investors are honing in on when it comes to Frontier and where investors see the company's future growth coming from.
