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Афганские стороны выразили готовность договариваться о мире
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Amazon s cargo airline begins daily service to Fairbanks, Alaska
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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.
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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.
Apollo-Backed Sun Country Airlines IPO Raises $218M
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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.