Business
Is it time to sell, hold or buy Webjet (ASX: WEB) shares?
Webjet Limited (ASX: WEB) shares are polarising investors at the moment.
As a leader in the online booking field, it feels like it will be a beneficiary of the post-COVID resurgence in travel.
However, it has had to raise capital multiple times since the pandemic struck just to stay alive. And in recent times, it has regularly featured at the top of the league table of most shorted stocks on the ASX.
This year Webjet shares started the year at $5.14 then rose to as high as $6.24. Now they have sunk down to $4.99 at the time of writing.
So if you were fortunate enough to buy this stock during the depths of coronavirus despair last year, do you take your winnings and run?
Three fund managers offered their take:
The case to sell…
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