Why did the Flight Centre share price just crash 17%?
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The Flight Centre Travel Group Ltd (ASX: FLT) share price is taking a beating today.
Shares in the S&P/ASX 200 Index (ASX: XJO) travel stock closed yesterday trading for $21.62. In morning trade on Friday, shares are changing hands for $18.05 apiece, down 16.5%.
For some context the ASX 200 is down 0.4% at this same time.
This sharp underperformance comes after Flight Centre released an operational review and trading update for FY 2025 at the Morgan’s Conference.
Flight Centre share price tumbles on uncertain growth outlook
ASX 200 investors are selling down the Flight Centre share price despite the company highlighting the efficiency and productivity improvements achieved since the global pandemic.
In FY…
