easyJet Expected to Rejoin FTSE 100 Index in Quarterly Reshuffle [MarketWatch]
EASYJET PLC S/ADR (ESYJY)
NASDAQ:AMEX Investor Relations:
corporate.easyjet.com/investors.aspx
Company Research
Source: MarketWatch
The budget airline has seen its share price soar more than 34% over the past three months as it benefits from increased travel demand. On Jan. 24, easyJet said it expects to report a narrowed loss for the first half of fiscal 2024 on the back of higher summer bookings. Advertisement For the first quarter of the fiscal year, which ends around Sept. 30, the company reported a 22% rise in revenue and said it carried 14% more passengers. Its share price is currently trading around 558.20 pence, giving the company a market capitalization of 4.23 billion pounds ($5.34 billion). EasyJet fell out of the top index in June 2020 having been a member for just six months. This will be its third stint in the top flight. Advertisement Endeavour, on the other hand, has seen its share price fall 24% over the past three months. Shares in London are currently trading around 1,314.0 pence, valuing the company at GBP3.22 billion. It has been in the index since March 2022. The indicative dat
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