Barstool Sports President David Portnoy yesterday announced a strategic investment in Spirit Airlines (NYSE: SAVE) at 11:55, only to witness a swift decline of 25% as the airline revealed its restructuring plans, according to the Wall Street Journal. As of now, Spirit Airlines is grappling with a 32% drop since Portnoy’s initial investment. Portnoy, unfazed … Continue reading Dave Portnoy Faces Turbulence as His Spirit Airlines Investment Plummets