Thread: Allegiant Air
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Old 10-27-2016 | 06:44 PM
  #4556  
KC135
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Originally Posted by IFlytheLine
Wow! ALGT shares down 13% in 1 day...
That's a fairly common move for a mid-cap stock after an earnings report. Considering the stock just run up 13% in the last 3 weeks to a price per earnings much higher than what's average in the industry, it was priced for perfection on earnings day.
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