Allegiant Travel Co. (ALGT) traded to the upside for the bulk of Wednesday's session. The stock finished higher by 3.31 at $60.33, with volume at an 8-month high.
Allegiant Travel has been rising for nearly a month. The stock broke out past resistance Wednesday and set a new high for the year.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.