Business
Why the Webjet (ASX:WEB) share price is up 48% in November // Motley Fool Australia
The Webjet Limited (ASX: WEB) share price is continuing to march higher today, up 2.0% in afternoon trading. Today’s gains follow on the 18% rise posted last week, which sees the Webjet share price up 48% so far in November.
By comparison the S&P/ASX 200 Index (ASX: XJO) is up 9.7% so far this month.
However, while the ASX 200 is now only down 2.9% year to date, the Webjet share price is still 45.6% lower, despite November’s meteoric rise. That’s because the company is still battling back from seeing its shares lose more than 77% in the early months of the COVID-19 breakout.
What does Webjet do?
Headquartered in Melbourne, Webjet is a digital focused travel agency operating in Australia and New Zealand, with customers across…
-
Noosa News18 hours agoIncrease in extreme weather events poses ‘substantial risk’ to blood supplies, researchers warn
-
Noosa News8 hours agoAustralians tell ABC’s Your Say how they saw the second leaders debate
-
General22 hours agoGerman palliative care doctor with alleged ‘lust for murder’ accused of killing 15 patients
-
Noosa News12 hours agoManjimup engineer turns previously wasted avocados into liquid gold