Allegiant Travel Company is a leisure travel company that provides scheduled and charter flights, hotel reservations, and vacation packages to popular destinations in the United States. They focus on offering affordable and convenient travel options for leisure travelers, with a particular emphasis on serving underserved markets and providing non-stop flights to leisure destinations. With a commitment to customer satisfaction and value, Allegiant Travel Company aims to make travel accessible and enjoyable for their customers.

In terms of technical analysis, the stock of Allegiant Travel Company is currently retesting the bottom bounds of a long-term range. This suggests that the stock price has reached a level where buying interest is present, potentially providing support and preventing further downside movement. 

Traders and investors may closely monitor the stock's price action and volume to assess whether the stock will hold the support level or potentially break lower. This retesting phase can be considered as a critical area of interest for market participants.