If and when the Canadian border ever reopens it ought to be popular.

Did you see where Allegiant stock close today. It's been falling for the last 2 months. From about 230 dropping to 190 at the close. Maybe South West is winning that battle.

Considering price went up 400% from the pandemic march lows, profit taking is always expected after a 4X, regardless of the ticker.

Yeah I sold a chunk at $255 that I had bought for $100

Its about time to buy again though imho.

Did you also notice that allegiant did a public offering of new shares at $220 a share when the stock was at its peak raising another $500 million in debt free capital? This is why the stock has declined over the last month and a half, as you issue new shares value per share is diluted.

Oh, so we're going to evaluate an airline's health solely on the stock price now? Cool.

DAL 44.43
UAL 53.88
AAL 22.22
LUV 54.55
SAVE 32.01
JBLU 17.18
ALGT 190.27

Under your ridiculously simplistic financial analysis, ALGT looks pretty good!

*if* the Canadian border ever reopens

lol, you clearly don’t understand how the stock works...it’s not just the share price. You also have to look at outstanding shares...it’s okay you are probably just a pilot.

You should read the post you quoted again, it looks like you skimmed it to quick.