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Why Sun Country Airlines Stock Climbed Today


Shares of Sun Country Airlines (NASDAQ: SNCY) jumped on Monday after the low-cost carrier struck a deal to be acquired by rival Allegiant (NASDAQ: ALGT) for roughly $1.5 billion.

By the close of trading, Sun Country's stock price was up more than 10%.

Image source: Allegiant and Sun Country Airlines.

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Source Fool.com

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