By Chris Bailey | Thursday 9 September 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 an easyJet (EZJ) fan for a while and, whilst holding some shares going into the COVID-19 crisis hurt, doubling up on the shares just under eighteen months ago has worked out well. So today’s complex update is of interest at many levels…especially as the shares today are down by more than 10% to only just over a 7 quid price following news of a (turned down) takeover approach and a decision to raise money. What is going on?