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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.