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easyJet – could its record data breach cost it £18 billion and sink the airline?

By Tom Winnifrith | Friday 26 June 2020

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

It seems that some folks with three brains think that with a £450 million fund raise just completed, the worst is behind it for EasyJet (EZJ). But is it? Might its mega data breach referred to only en passant by the company be enough to sink it?. That spectre is raised by accountingweb today. The maths seem straightforward.

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