Frontier Group Holdings, Inc. shares rise 1.75% after-hours as investors await Fed Chair Powell's speech on interest rates.

Frontier Group Holdings, Inc. rose 1.75% in after-hours trading. The increase in stock price aligns with the broader market sentiment as stock futures were rising ahead of Federal Reserve Chair Jerome Powell's speech, which investors are scrutinizing for signs of an interest-rate cut in September. The S&P 500's five-session losing streak and the pullback in tech stocks indicate a jittery market, but the positive outlook on Powell's speech likely contributed to the stock's upward movement.