ALGT Picks Up Almost 40% Out of the Chute

Allegiantair-2

Allegiant Travel went public today, and while the markets aren’t closed yet, I’d say the company can be pretty happy with it’s debut party on Wall Street.

Shares of the IPO were priced above the $15-$17 expected range at $18, and as of this writing, they are now trading at $25. Over five million shares have traded hands. That new ticker symbol is ALGT.