Today: 28 January 2026
Subscribe
Browse Category

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
·····
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
·····

Stock Market Today

  • Dr. Martens (LON:DOCS) Shares Drop 11.6% Amid Soft Sales and Flat Revenue Outlook
    January 28, 2026, 8:34 AM EST. Dr. Martens plc (LON:DOCS) shares fell 11.6% to GBX 66.90, pressured by weak retail demand and guidance for flat revenue through 2026. The firm reported slowing boot sales linked to its decision to scale back discounts, aiming to protect profit margins. Despite Berenberg and Peel Hunt reaffirming buy ratings, investors reacted negatively to lower sales expectations and a cautious top-line forecast. Trading volume surged 342% to over 9 million shares. The stock trades below its 50- and 200-day moving averages, with a market capitalization near £638 million. Insider Robert Hanson bought shares recently, signaling some internal confidence. Analysts maintain a moderate buy consensus with a target price of GBX 6,000, but shares remain under pressure due to what market commentary calls a demand shock impacting the brand's performance.
Go toTop