Allegiant gains after 3Q results and positive broker outlook; Cebu Pacific falls back to float price
Allegiant strengthened 7.8% during trade yesterday in the wake of its 3Q2010 earning release. Allegiant was the best performing airline stock in the US market after upbeat outlooks from analysts. At the other end of the spectrum, Cebu Air (-4.5%) fell sharply to finish the day’s trade near its float price.
