Ryanair Stock Plunges 17.7% YTD: Should You Buy the Dip?

Shares of Ryanair Holdings (RYAAY) have not had a good time on the bourses of late, declining in double-digits so far this year. The disappointing price performance resulted in RYAAY underperforming its industry in the said time frame. Additionally, RYAAY’s price performance is unfavorable to that of other airline operators like Alaska Air Group, Inc. (ALK) and Southwest Airlines Co. (LUV) in the same timeframe.YTD Price Comparison Image Source: Zacks Investment ResearchGiven the significant pullback in RYA ...