Tag: Shares Drop

EasyJet Shares Drop 7% as Airline Takes Sterling Hit

Reading Time: < 1 minute British airline easyJet warned that annual profit had fallen by more than a quarter and hinted trading would remain tough as fares continue to decline and a weak pound weighs, sending its shares down 7%. The profit decline is the first since 2009 and in part reflects the budget airline’s exposure to the security-hit destinations […]