We recently published a list of Top 20 Falling Stocks with Unusual Volume. In this article, we are going to take a look at where Sun Country Airlines Holdings Inc (NASDAQ:SNCY) stands against other top falling stocks with unusual volume.
Uncertainty around tariffs and macroeconomic conditions has dented investor confidence, resulting in stock prices falling. While some stocks have come under pressure due to the above two reasons, others have simply followed the market direction or have dipped for company-specific reasons.
Regardless of the reasons for stocks going down, falling stocks provide an opportunity for fresh investors to get in at good prices. Once the risks subside, these stocks usually recover quickly as well. We decided to uncover these stocks and see if it makes sense to put money in them to take advantage of the ongoing market turmoil.
To come up with our list of top 20 stocks falling with unusual volume, we looked at stocks over $300 million in market cap, their one-week performance, and used relative volume to detect the unusual volume activity.
Relative volume compares the daily volume to the three-month average trading volume of the stock, making it easy to detect spikes in volume. These spikes usually signal something important is happening, which, when combined with falling prices, becomes a red flag that investors can’t ignore.
A landscape view of a passenger and cargo airplane taking off from the airport runway.
Sun Country Airlines Holdings Inc (NASDAQ:SNCY)
Sun Country Airlines Holdings Inc (NASDAQ:SNCY) operates as an air carrier company. It provides air cargo, scheduled passenger, charter air transportation, and related services. The company generates revenue through its Cargo and Passenger segments. The firm also offers maintenance, insurance, and crew services. Its stock is down 14.53% in a week on a relative volume of 2.70.
Sun Country Airlines Holdings Inc (NASDAQ:SNCY) reported its latest quarter earnings recently. As per the results, revenue growth was recorded at 6.1% year-over-year. Key growth drivers were cargo services, revenues earned from lessee payments, and higher passenger numbers. During the quarter, the company benefited from a decline in fuel prices. With more focus on charter and cargo operations, the firm grew its operating income by 52.2%.
Based on the strong earnings, management guided for another promising quarter. Aided by 7% to 9% block hour growth, the company expects total revenue to be in a range of $330 million and $340 million for Q1 2025. Operating margin is anticipated between $330 million and $340 million. Scheduled service ASMs and Cargo operations are projected to grow. However, unit revenues are forecasted to remain stable YoY.
If all is good about the company, why is the SNCY stock falling on high volume? The answer lies in the state of the economy. If a recession were to hit, air travel would significantly drop. It is already on the downtrend, dropping for the last two months. Anyone looking to invest in the company will need to keep a close eye on the economy, as it is the public’s spending power that will determine if the company can achieve its guidance.
Overall, SNCY ranks 7th on our list of top falling stocks with unusual volume. While we acknowledge the potential of SNCY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SNCY but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
