Today: 20 May 2026
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NASDAQ:ALGT 12 October 2025 - 14 May 2026

Allegiant Just Bought Sun Country. Here’s What Happens to Flights, Rewards and Stock Now

Allegiant Just Bought Sun Country. Here’s What Happens to Flights, Rewards and Stock Now

Allegiant Travel closed its acquisition of Sun Country Airlines on May 13, making Sun Country a wholly owned subsidiary and ending its status as a standalone public company. Each Sun Country share was converted into $4.10 in cash and 0.1557 Allegiant shares. Allegiant now operates a combined fleet of 195 aircraft serving nearly 175 cities. Sun Country asked Nasdaq to suspend trading and begin delisting.
14 May 2026
Allegiant to buy Sun Country in $1.5B deal as budget airline stocks split

Allegiant to buy Sun Country in $1.5B deal as budget airline stocks split

Allegiant will acquire Sun Country Airlines in a cash-and-stock deal valued at about $1.5 billion, including net debt. Sun Country shareholders will get $4.10 in cash and 0.1557 Allegiant shares per share, valuing Sun Country at $18.89 each. The companies expect $140 million in annual synergies by the third year. Allegiant shares fell 6% while Sun Country rose 11% after the announcement.
SNCY stock jumps on Allegiant’s $1.5 billion bid — deal spread, regulators in focus

SNCY stock jumps on Allegiant’s $1.5 billion bid — deal spread, regulators in focus

Sun Country shares jumped nearly 13% after Allegiant agreed to buy the airline in a $1.5 billion cash-and-stock deal. Allegiant shares fell 4% as investors weighed integration risks and deal costs. The offer values Sun Country at $18.89 per share, a 19.8% premium. Traders are watching the antitrust review and fluctuations in Allegiant’s stock, which affect the deal’s final value.
Sun Country stock in the spotlight after Allegiant’s $1.5 billion deal — what to watch Monday

Sun Country stock in the spotlight after Allegiant’s $1.5 billion deal — what to watch Monday

Allegiant agreed to acquire Sun Country for about $1.5 billion, valuing SNCY at $18.89 per share, a 19.8% premium over Friday’s close. Sun Country shareholders will receive cash and Allegiant stock. The companies expect $140 million in annual synergies by year three and project the deal will boost earnings per share in the first year post-close. A joint investor call is set for Monday.
12 January 2026
ALGT Stock in Focus: Allegiant Travel Upgraded to Hold as Analysts Debate Valuation After a 50%+ Rally

ALGT Stock in Focus: Allegiant Travel Upgraded to Hold as Analysts Debate Valuation After a 50%+ Rally

Wall Street Zen upgraded Allegiant Travel (ALGT) from “Sell” to “Hold” on Dec. 28, just eight days after a downgrade, following a sharp six-month stock rally and improved profit outlook. Raymond James also downgraded ALGT to “Outperform” from “Strong Buy,” citing valuation concerns, but raised its price target to $98. ALGT opened around $84.66, with a 52-week range of $39.80 to $107.57.
28 December 2025
Allegiant Air Pilots Stage Nationwide Pickets Today, November 18, 2025 — What It Means for Travelers

Allegiant Air Pilots Stage Nationwide Pickets Today, November 18, 2025 — What It Means for Travelers

More than 1,400 Allegiant Air pilots are holding coordinated informational pickets at 22 U.S. airports today, demanding a new contract after nearly five years of negotiations. The union says pilots are off duty during the protest, and Allegiant reports no flight disruptions. Demonstrations are visible at all crew bases, including Las Vegas, Orlando Sanford, and Pittsburgh.
18 November 2025
Thanksgiving Travel: Allegiant Air Sounds Alarm as FAA Cuts Flights 10% Amid Ongoing Shutdown (Nov. 7, 2025)

Thanksgiving Travel: Allegiant Air Sounds Alarm as FAA Cuts Flights 10% Amid Ongoing Shutdown (Nov. 7, 2025)

The FAA began cutting air traffic by up to 10% at 40 major U.S. airports Friday, including Las Vegas’ Harry Reid International, due to the ongoing federal shutdown. As of Thursday night, 38 Friday flights at Harry Reid were already canceled, mostly on Southwest. Airlines warned of further delays and urged travelers to check schedules. Allegiant Air said Thanksgiving disruptions could become a major issue if the shutdown continues.
7 November 2025
Thanksgiving Travel Warning: FAA Orders 10% Flight Cuts as U.S. Shutdown Hits Day 37; Allegiant Air Sees Risks If Stalemate Reaches Holiday

Thanksgiving Travel Warning: FAA Orders 10% Flight Cuts as U.S. Shutdown Hits Day 37; Allegiant Air Sees Risks If Stalemate Reaches Holiday

The FAA will cut scheduled flights by 10% at 40 major U.S. airports starting Friday, citing safety concerns during the 37-day federal shutdown. Reductions begin at 4% and ramp up to 10% next week, with international flights initially exempt. Allegiant Air reports no booking impact yet but warns a prolonged shutdown could disrupt Thanksgiving travel. No end to the shutdown is in sight.
6 November 2025
Budget Airline Bonanza: Frontier & Allegiant Expand Routes as Travel Demand Skyrockets

Budget Airline Bonanza: Frontier & Allegiant Expand Routes as Travel Demand Skyrockets

Allegiant’s August 2025 passenger count rose 12.6% year-over-year, with the airline guiding to a Q3 profit at the top of its range. Frontier launched 15 new routes in six days and announced more from Dallas-Fort Worth. U.S. leisure travel spending is forecast to grow 1.9% in 2025, while airline stocks rallied after Delta’s record Q3 results. Senate hearings on budget airline access are pending.

Stock Market Today

  • iPower Inc. Implements 1-for-8 Reverse Stock Split to Maintain Nasdaq Listing
    May 20, 2026, 12:50 AM EDT. iPower Inc. (Nasdaq: IPW) announced a 1-for-8 reverse stock split effective May 22, 2026, aimed at increasing its share price to meet Nasdaq's minimum bid price requirements. The move will consolidate every eight shares into one, reducing outstanding shares from approximately 5.29 million to about 661,000. Shareholders will receive cash for any fractional shares. The split was approved by iPower's board and stockholders and will not change the ticker symbol "IPW." The reverse split intends to keep iPower compliant with Nasdaq Capital Market listing rules while supporting the company's broader growth strategy in supply chain tech and crypto-related services.

Latest articles

Wall Street Hit by Yield Jolt With Nvidia Up Next

Wall Street Hit by Yield Jolt With Nvidia Up Next

20 May 2026
U.S. stock ETFs remained lower late Tuesday after Wall Street’s main indexes fell for a third straight session, pressured by rising Treasury yields and caution ahead of Nvidia’s earnings. The SPDR S&P 500 ETF dropped 0.7% to $733.73. The 10-year Treasury yield hit 4.687%, its highest since January 2025, before easing. Nvidia shares slipped 0.7% after hours, with traders bracing for a major move post-earnings.
Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

20 May 2026
Viavi Solutions shares dropped 7.1% in after-hours trading Tuesday after the company announced a $500 million public stock offering aimed at repaying debt. The offering, unveiled just after the Nasdaq close, could add roughly 10.1 million new shares. Viavi plans to use proceeds to pay down a $450 million loan. Total debt would fall to $650 million, according to a preliminary SEC filing.
Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

20 May 2026
Analog Devices agreed to acquire Empower Semiconductor for $1.5 billion in cash, sending ADI shares up 1.36% to $419.95 in after-hours trading after closing down 1.02%. The deal, approved by both boards, is expected to close in the second half of 2026 pending regulatory review. Empower CEO Tim Phillips will continue to lead integrated voltage regulator work after the merger.
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