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easyJet's released forecast-beating financials, so why has its share price sunk?
Summary by The Motley Fool UK
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easyJet's released forecast-beating financials, so why has its share price sunk?
Another day, another fall in the easyJet (LSE:EZJ) share price. At 473.7p per share, the FTSE 100 airline’s dropped again on Tuesday (25 November), taking year-to-date losses to 15%. Today’s 1.4% decline may be all the more baffling given it’s just released forecast-topping numbers for the last financial year. Revenues were up 9% in the 12 months to September, at £10.1bn, even as broader consumer spending across its markets remained under press…
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