Allegiant Travel Co. (ALGT) gapped up slightly Wednesday and climbed during the first half hour of trade. The stock was range-bound for the remainder of the session and closed up by 1.75 at $70.45.
Allegiant Travel has been gaining ground for the past 2 weeks and closed Wednesday at its second consecutive new high for the year.
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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.