Allegiant Stock Plunges 46.6% YTD: Should You Buy the Dip?

Key Takeaways ALGT withdrew 2025 guidance amid weak macro trends, fleet delays, and unpredictable travel demand. Boeing delivery issues and rising labor costs have pressured capacity, costs, and near-term profitability. Despite challenges, ALGT posted Q1 revenue growth, holds strong liquidity, and continues buybacks.Shares of Allegiant Travel Company (ALGT) have not had a good time on the bourses of late, declining in double digits so far this year. The disappointing price performance resulted in ALGT und ...