RE: DELISTING!!17 Jan 2024 09:40
Masai, this isn't specific to the Lon listing. FR SP is also dropping. In all probability the delisting argument (which was one reason I went short), doesn't hold a lot of water. Also, look at the wider markets, a wide variety of companies are falling in value. I personally would move away from the idea that this is TUI specific. It could however relate to the potential 'looming recession' and indications that the consumer is overstretched and that at some point, their discretionary spending will be reduced. At the moment all the news is optimistic on that front.