The IAG share price dives 24% in 4 months. What next?

the iag share price dives 24 in 4 months what next

Sumary of The IAG share price dives 24% in 4 months. What next?:

  • Wednesday was a good day for International Consolidated Airlines Group (LSE: IAG).
  • The IAG share price closed up 8.64p (+5.4%) at 169.1p, on a strong day for the wider FTSE 100 index.
  • However, shares in the owner of British Airways have performed poorly since peaking in mid-March.
  • The IAG share prices plunges, then soars 2020 was a horrible year for airline shareholders.
  • It climbed even higher, peaking at an intra-day high of 684p on 17 January 2020. But then Covid-19 swept the world and air travel ground to a halt.
  • With passenger air miles collapsing by four-fifths, IAG stock went into freefall.
  • By 14 May 2020, the shares had crashed to a low of 159.25p, down more than £5 in four brutal months.
  • On 25 September 2020, the shares bottomed out at 86.54p — an unthinkable level just eight months earlier.

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