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NASDAQ:SNCY News 12 January 2026 - 13 January 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

NEW YORK, January 13, 2026, 01:13 (EST) Allegiant Travel Co (ALGT.O) is set to acquire Sun Country Airlines (SNCY.O) in a $1.5 billion deal involving both cash and stock, merging two U.S. airlines focused mainly on leisure travel routes. Shares of Sun Country jumped roughly 11% Monday, while Allegiant slipped about 6%. Investors seemed split, weighing the hefty premium against…
13 January 2026
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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

New York, Jan 12, 2026, 09:49 AM ET — Regular session Shares of Sun Country Airlines Holdings (SNCY) jumped in early U.S. trading Monday after Allegiant Travel (ALGT) announced plans to acquire the airline in a roughly $1.5 billion deal, debt included. Sun Country’s stock rose 12.8% to $17.79, while Allegiant’s dipped 3.9% to $91.24. (Reuters) Sun Country investors aren’t…
12 January 2026
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Stock Market Today

  • Wall Street Set to Open Higher Ahead of US Federal Reserve Decision
    January 28, 2026, 10:15 AM EST. US stock futures pointed to a steady start on Wednesday ahead of the Federal Reserve's policy announcement. S&P 500 futures rose 0.17%, Nasdaq-100 futures gained 0.79%, driven by tech stocks, while Dow futures dipped slightly by 0.02%. Expectations are for the Fed to hold interest rates steady after three consecutive cuts, maintaining the benchmark lending rate between 3.50% and 3.75%. Investors will focus on signals about future rate cuts amid political pressures from President Trump. Fed Governor Stephen Miran, a Trump appointee, advocates for larger rate reductions than previously indicated, suggesting significant cuts in 2026. Despite these calls, economists predict a cautious, wait-and-see approach due to solid GDP growth and persistent inflation.
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