Business
Webjet (ASX:WEB) share price soars to 5% increase in late trade
The Webjet Limited (ASX: WEB) share price finished strongly today after the company presented its half-year results. It was a tale of two halves for the company as shares in the travel agent rebounded strongly after a disappointing start.
The Webjet share price finished the day strongly rising 5.02% to $5.02.
Why the Webjet share price is flying
Despite the poor first half result, investors bid up the Webjet share price late on signs of growth. According to the AFR, the arrival of COVID-19 vaccines will provide more clarity about the triggers for opening domestic and international borders.
Speaking to the AFR, Webjet Managing Director, John Guscic, argued that it was realistic to seek clear policies. Especially given the…
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