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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

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.

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Tower Semiconductor stock jumps again on Nvidia optics tie-up as earnings near

Tower Semiconductor stock jumps again on Nvidia optics tie-up as earnings near

8 February 2026
Tower Semiconductor shares rose 7.7% to $139.04 Friday after announcing a collaboration with Nvidia on AI data-center networking. The stock touched $141 intraday and gained another 1% after hours. Investors await Tower’s Feb. 11 earnings for details on its silicon photonics work. No financial terms or shipment timeline were disclosed.
Longsys Electronics stock heads into Monday after new guarantees; what 301308 investors watch next

Longsys Electronics stock heads into Monday after new guarantees; what 301308 investors watch next

8 February 2026
Longsys disclosed new guarantees for a 100 million yuan Hong Kong loan and a $9 million Brazil credit line, bringing its total approved guarantee quota to 11 billion yuan and outstanding guarantees to 5.81 billion yuan. The company said all guarantees are for consolidated subsidiaries and within approved limits. Shares closed at 288 yuan Friday, down 1.6%. China inflation and credit data are due this week.
MACOM stock price steadies near highs into Monday after earnings pop and fresh filings

MACOM stock price steadies near highs into Monday after earnings pop and fresh filings

8 February 2026
MACOM shares rose 3.5% to $235.87 Friday after the company reported fiscal Q1 revenue of $271.6 million and raised its full-year data center growth outlook to 35–40%. Fidelity’s FMR LLC disclosed a 10.7% stake, while shareholder Susan Ocampo filed to potentially sell up to 100,000 shares. Stifel raised its price target to $255. MACOM expects to repay $161 million in convertible notes in March.
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