How Should You Play ALGT Stock Post FY25 Capacity Forecast Cut?
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Allegiant Travel Company (ALGT) has reduced its capacity growth forecast for FY25 due to a decline in leisure travel demand. This development raises questions about whether ALGT stock is a good buy at this time.
March 19, 2025 | 4:15 pm
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Allegiant Travel Company has lowered its capacity growth forecast for FY25, citing reduced demand in the leisure travel sector. This could impact ALGT's stock price negatively in the short term as investors react to the potential for lower future revenues.
The reduction in capacity growth forecast suggests that Allegiant anticipates lower demand, which could lead to decreased revenues. This is likely to concern investors, potentially leading to a short-term decline in ALGT's stock price.
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