Why Is Ryanair (RYAAY) Stock Down 14% Today?
Ryanair(RYAAY) Investor Place·2024-07-22 12:56
Ryanair (NASDAQ:RYAAY) stock is dropping on Monday after the company provided investors with its earnings results for its fiscal first quarter of 2025. The company's negative earnings report for fiscal Q1 also includes profits of 360 million euros. To put that in perspective, the company reported a profit of 662.9 million euros in the same period of the year prior. "In the last 10 days of June we suffered a significant deterioration in European ATC capacity which caused multiple flight delays and cancellati ...