I suspect the sp rise is linked to Simon Cooper of On The Beach16 Aug 2023 13:36
Increasing his share holding in On The Beach to 7.51%. That gives the whole market more confidence in the holiday market. I think JET2 and IAG are undervalued. I think WIZZ are extremely cheap even with the Pratt & Whitney engine issue. Also EZJ. Confident all will come back from the current dip.
From the OTB RNS:-
"Following this purchase, Simon Cooper, will have an interest in 12,521,226 Ordinary Shares, representing 7.51% of the issued share capital of the Company, as outlined below. ".
All IMHO.