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Amazing how close Wizz Air shares are to all-time highs

By Chris Bailey | Wednesday 2 June 2021

Disclosure: I own shares in one or more of the stocks mentioned. 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.

I have been on a Wizz Air (WIZZ) flight a few times, but I have never owned the shares. That was a bad move as nearly five years ago the stock was below twenty quid a share whilst earlier on this year the stock had pushed over a fifty pound level. Not too bad for a company that can talk about the year to the end of March that it has ‘255+ new routes (meaning) 800+ routes in total’ across many different parts of Europe. Naturally though, the last year has been far from easy with passenger numbers at 10.2 million…down 75% year-on-year.

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