Business
Regional Express (ASX:REX) share price soars to 13-year high
The Regional Express Holdings Ltd (ASX: REX) continued on its vertical ascend today with the stock hitting a 13-year high.
The REX share price surged another 27.3% to $2.47 during lunch time trade when the S&P/ASX 200 Index (Index:^AXJO) inched up 0.3%.
In contrast, the Qantas Airways Limited (ASX: QAN) share price jumped 3.1% to $5.44 and Alliance Aviation Services Ltd (ASX: AQZ) share price fell 2.1% to $3.82 at the time of writing.
Regional Express share price gets speeding ticket
A number of positive tailwinds have pushed the Regional Express share price higher recently, including hopes of a COVID‐19 vaccine.
But today’s big rise seems to have also baffled the airline after it was issued with a speeding ticket by ASX Ltd…
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