Allegiant Travel Company (ALGT)
Allegiant Travel Stock Gaps Lower After $1.5B Rival Acquisition
Allegiant Travel Company (NASDAQ:ALGT) stock is down 3.9% to trade at $91.24 at last glance, after news that the company will buy budget airline competitor Sun Country Airlines (SNCY) in a deal valued $1.5 billion, or $18.89 per share, which is expected to close in the second half of 2026.
Allegiant to acquire Sun Country Airlines for $1.5B
The deal will expand the combined company's network, adding more destinations across the US and international markets.
Allegiant to buy rival budget airline Sun Country in $1.5 billion cash and stock deal
Budget airlines in the U.S. like Allegiant and Sun Country have faced a surge in costs following the pandemic and the increase in domestic capacity.
Best Value Stocks to Buy for January 5th
OI, MMS and ALGT made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 5th, 2026.
Allegiant Gains 52% in 6 Months: What Should Investors Do Now?
With ALGT shares moving north, we assess the current positioning of the stock to determine if it's a good investment at this juncture.
Allegiant's November 2025 Traffic Numbers Improve Year Over Year
ALGT posts strong November gains as traffic outpaces capacity, lifting load factor and boosting passenger volumes.
Allegiant Travel (ALGT) Up 10.1% Since Last Earnings Report: Can It Continue?
Allegiant Travel (ALGT) reported earnings 30 days ago. What's next for the stock?
Why Allegiant Travel (ALGT) is a Top Momentum Stock for the Long-Term
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Allegiant Stock Plunges 17.5% YTD: Should You Buy the Dip?
With ALGT shares moving south, we assess the current positioning of the stock to determine if it's a good investment at this juncture.
Allegiant's October 2025 Traffic Numbers Improve Year Over Year
ALGT posts strong October gains as traffic outpaces capacity, lifting load factor and boosting passenger volumes.
Allegiant Stock Price Rises 19% Since Q3 Earnings Release
ALGT's Q3 loss widens despite higher passenger revenues, but the carrier projects stronger margins and EPS growth ahead.
Allegiant Travel: The Sunseeker Exit Clears The Runway For Takeoff
Allegiant Travel Company remains attractive after divesting the Sunseeker Resort and introducing Boeing 737 MAX aircraft for cost efficiency. Q3 results showed stable revenues but seasonal weakness; airline-only metrics improved post-resort sale, with focus returning to core airline operations. ALGT targets double-digit capacity growth, margin expansion, and leverages Allegiant Extra and technology investments to optimize revenue and costs.
