Wizz Air’s share price experienced its largest decline since the early days of the pandemic, dropping as much as 18pc in response to the airline cutting its profit outlook for the year.
This significant decline marks the biggest intraday drop since March 2020, reflecting the impact of aircraft groundings during the busy summer travel season.
The stock has lost approximately 26pc of its value so far this year, indicating investor concerns about the airline’s financial performance amid ongoing challenges in the travel industry.
