MESA - Frontier starts trading slightly below IPO pricing level

Frontier Group Holdings (ULCC) begins trading at $18.61 after the airline company's IPO was priced at $19. In the first ten minutes of trading, shares have ranged from $18.26 to $19.01. Frontier is the second airline IPO of the year after Sun Country Airlines ([[SNCY]] -0.8%) stepped out last month. Sun Country trades more than 40% over its IPO pricing level. The U.S. airline stock with the biggest share price move this year is Mesa Airlines ([[MESA]] -2.2%) with a 101% pop. Mesa went public in 2018 at $12 vs. today's share price of $13.11. See more details on the Frontier IPO.

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Frontier starts trading slightly below IPO pricing level