Here's Why Investors Should Avoid Allegiant Stock for Now

Allegiant (ALGT) is facing significant challenges from rising operating expenses and a deteriorating liquidity position, which are adversely affecting the bottom line and making it an unattractive choice for investors’ portfolios.Let’s delve deeper.ALGT: Key Risks to WatchSouthward Earnings Estimate Revision: The Zacks Consensus Estimate for current-quarter earnings has moved 72.3% south in the past 60 days. For the next year, the consensus mark for earnings has been revised 54% downward in the same time fr ...