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Why Sun Country Airlines Stock Is Soaring Higher Today

Author Bio Lou has followed the markets for more than two decades, developing extensive contacts including industry leaders, consultants, regulators, and labor representatives. He spends a lot of time these days focused on the industrials and financials. When not arguing on Twitter or writing about the markets, Lou spends his free time out in nature, complaining online about the Baltimore Orioles or Watford FC, or listening to early 1990s alt rock. Follow @louwhiteman What happened Sun Country Airlines Holdings (NASDAQ:SNCY) took flight as a public company on Wednesday, and the initial response has been positive. The stock is up more than 40% on its debut, reflecting Wall Street s growing optimism about the airline industry.

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Sun Country Airlines Holdings, Inc Announces Pricing of Initial Public Offering

Share this article Share this article MINNEAPOLIS, March 16, 2021 /PRNewswire/ Sun Country Airlines Holdings, Inc. ( Sun Country Airlines ) today announced the pricing of its initial public offering of 9,090,909 shares of its common stock at an initial public offering price of $24.00 per share. Sun Country Airlines has granted the underwriters a 30-day option to purchase up to an additional 1,363,636 shares of common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the Nasdaq Global Select Market under the symbol SNCY on March 17, 2021. The offering is expected to close on March 19, 2021, subject to customary closing conditions.

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Initial public offerings scheduled to debut next week

Initial public offerings scheduled to debut next week March 12, 2021 FacebookTwitterEmail NEW YORK (AP) The following is a list of initial public offerings planned for the coming week. Sources include IPO ETF manager Renaissance Capital, and SEC filings. Week of March 15 Duckhorn Portfolio (The) - 20 million shares, priced $14-$16, managed by JP Morgan/Credit Suisse. Proposed NYSE symbol NAPA. Business: Produces and distributes luxury wine in North America. Gain Therapeutics - Bethesda, Md., 3.6 million shares, priced $10-$12, managed by BTIG/Oppenheimer & Co. Proposed Nasdaq symbol GANX. Business: Preclinical biotech developing small molecule therapies for lysosomal storage. Jowell Global - Shanghai, China, 3.7 million shares, priced at $7, managed by Network 1 Financial Securities. Proposed Nasdaq symbol JWEL. Business: Operates an e-commerce platform for cosmetics and health products in China.

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Initial public offerings scheduled to debut next week

Initial public offerings scheduled to debut next week
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Sun Country Airlines Holdings, Inc Announces Launch of Initial Public Offering

Sun Country Airlines Holdings, Inc Announces Launch of Initial Public Offering
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