Allegiant Travel Co. (ALGT) reported fourth quarter net income of $0.52 per share after the close Monday, down from the $0.88 per share posted last year. The consensus estimate was for EPS of $0.48.
Allegiant Travel gapped up Tuesday and has continued to rise steadily. Shares are currently higher by 2.15 at $53.14. The stock has been gaining ground since late December and has climbed to over an 8 1/2 month high.
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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.