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Apollo-backed Sun Country Airlines jumps 38% in Nasdaq debut

· 03/17/2021 12:13
Apollo-backed Sun Country Airlines jumps 38% in Nasdaq debut

- Shares of Sun Country Airlines Holdings Inc SNCY.O, a low-cost carrier backed by private-equity firm Apollo Global Management Inc APO.N, jumped around 38% in their Nasdaq debut on Wednesday.

The stock opened at $33 per share, above the offer price of $24 per share.


(Reporting by Niket Nishant in Bengaluru; Editing by Vinay Dwivedi)

((Niket.Nishant@thomsonreuters.com;))