Something happened, now this stock is moving
Qantas shares (ASX:QAN) made an announcement today, which pushed the stock price higher by 5.7% as at 9am Sydney time.
Qantas Airways released a third quarter trading update including domestic travel returning to pre-COVID levels ahead of expectations, underlying EBITDA for H2 FY22 expected to be $450-$550m, and the reduction of net debt to below pre-COVID levels at $4.5bn by end of April 2022. Qantas also announced an order for 12 Airbus A350s which are capable of flying direct from Australia to any other city including New York and London, starting from late 2025.
Following today’s announcement, Qantas shares are now up 14.95% year-to-date.
Read the full story
in the Grafa app
To read the full article and more in the Grafa app, available on all app stores.
Track the trends
Get the hot tips first
Stay close to your investments
Learn to trade like a pro
Let your money entertain you
See more stories like this
Similar stories
Which stocks are shooting up today?
After the first 20 minutes of trade, these are the stocks that are shooting higher
...read more
Currencies while you were sleeping
The Australian dollar was higher against the major currencies overnight. The Aussie dollar is buying
...read more
Crypto while you were sleeping
CRYPTO TOP 10 CLUB Here are the gainers and losers out of the Top 10
...read more
Drill down into today’s commodities
Today’s prices for the basket of key commodities tracked by Grafa are as follows: The
...read more
What to expect on the ASX today
ASX Futures trading higher ahead of the market open in Sydney. Dow Jones closed up
...read more
The cryptos making waves in the afternoon
CRYPTO TOP 10 CLUB Here are the gainers and losers out of the Top 10
...read more
The price we have to pay: Australian businesses reveal
48% of businesses say they will not raise prices, primarily due to the desire to
...read more
The biggest movers of the flyweight cryptos today
Of the micro cryptos, these ones were the movers. Mcashchain rose 338.90% to US$0.015, closing
...read more
The biggest movers of the featherweight cryptos today
Of the smaller cryptos, these ones were the movers. Mirrored iShares Gold Trust rose 353.48%
...read more
The biggest movers of the middleweight cryptos today
Of the middle-sized cryptos, these ones were the movers. Metacraft rose 66.39% to US$1.31, closing
...read moreSee more stories like this
