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14-Dec-2010 3:56 PM

Allegiant’s shares pull back after strong run

Analysis

Shares in US LCC Allegiant dipped 3.6% yesterday, as investors took a breather after several weeks of solid gains.

The carrier's stock has rallied since it reported solid financial results on 27-Oct-2010.

Allegiant's share price over the past month (USD)


Source: Centre for Asia Pacific Aviation, Yahoo! Finance & Reuters

Elsewhere, WestJet fell 1.3%, AirTran and Southwest eased 0.7% and 0.5%, respectively, and JetBlue gained 0.3%.

Selected LCCs daily share price movements (% change): 13-Dec-2010


Source: Centre for Asia Pacific Aviation, Yahoo! Finance & Reuters

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