easyJet (LSE:EZJ) shares are trading lower today, just like the whole FTSE 100. Are the shares worth buying now? Or is it the beginning of a crash?
This August was a beautiful time for stocks generally. And so was it for UK investors. It looks like last month was the beginning of a turnaround for easyJet shares too.
Source: Google Finance
As can be seen from the graph, the stock reached its bottom on 31 July. In August it rallied. But the question is whether that rally will last.
easyJet shares and air travel
Nothing important has recently been announced by the company itself. The state of air traffic in the UK isn’t particularly inspiring right now. Quite regularly new countries are added on the quarantine list. This means that passengers arriving from those countries must self-isolate for two weeks. But, unfortunately, the problems don’t end here. … Read more