Allegiant Travel Co

The inaugural flight of an Avelo Airlines Boeing 737-800 takes off from Hollywood Burbank Airport to Charles M. Schulz-Sonoma County Airport in Santa Rosa on April 28, 2021.Patrick T. Fallon | AFP | Getty ImagesIn the nearly four years since the Covid-19 pandemic upended air travel, the largest U.S. airlines have returned to profitability. The CEOs of two upstart airlines that launched in the middle of the pandemic say they're about to join them.Avelo and Breeze Airways, two low-cost carriers that debuted in 2021 when…

GameStop — GameStop surged 9.2% before the bell despite sharing a widening quarterly loss and declining sales. The video game retailer also announced a partnership with crypto exchange FTX. GameStop's results could not be compared since few analysts cover the company.Asana — Asana's stock surged 19% in the premarket following a beat on the top and bottom lines for the previous quarter. The communications software company shared a smaller-than-expected loss of 34 cents per share on revenue of $134.9 million. Revenue…

Passengers wait in line at the Spirit Airlines check-in counter at Orlando International Airport.Paul Hennessy | LightRocket | Getty ImagesSpirit Airlines relented this week and agreed to sell itself to JetBlue Airways for $3.8 billion, hours after breaking off a merger agreement with Frontier Airlines that failed to win enough shareholder support.The new deal would mean big changes for travelers if it passes regulatory hurdles.JetBlue has earned a reputation for passenger comforts like relatively generous legroom,…

American Airlines Embraer ERJ-145 regional jet aircraft as seen on final approach landing at New York JFK international airport in NY, on February 13, 2020.Nicolas Economou | Nurphoto | Getty ImagesAmerican Airlines plans to drop service to four U.S. cities in September, including Dubuque, Iowa, which will lose scheduled commercial air service altogether.The Fort Worth-based carrier blamed the service cuts on a shortage of regional pilots. American, United Airlines and Delta Air Lines have each scaled back service between…

Upstart Holdings Inc: "I didn't like the loans on the balance sheet. If it gets rid of the loans ... or it makes me convinced that they're good, then all is forgiven and I'm cool with it." VIDEO4:4804:48Cramer's lightning round: Trade Desk is too expensive Upstart Holdings Inc: "I didn't like the loans on the balance sheet. If it gets rid of the loans ... or it makes me convinced that they're good, then all is forgiven and I'm cool with it." VIDEO4:4804:48Cramer's lightning round: Trade Desk is too expensive FOLLOW…