Rough landing for Ryanair as Capital drops shares Trillion-dollar fund slashes stake by another €45m
The Capital Group, a trillion-dollar American mutual fund, sold €45 million worth of Ryanair shares last week, bringing the total amount it has sold in the airline this year to €760 million.
It comes as hedge fund giant Ken Griffin’s Citadel has yet again increased the size of its short trade against Ryanair by more than 1.5 per cent of the airline’s shares – worth more than €170 million at the current price – according...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Willie O’Reilly: Iniesta’s schoolboy error could cost him dearly
The former Barcelona playmaker is in hot water after he endorsed a cryptocurrency platform on Twitter without disclosing that he had been paid to do so
Susan O’Keeffe: IFAC’s analysis deserve to be discussed by civil servants and advisors in a public way
Any rejection of the Council’s advice must be grounded in solid argument
John Walsh: Sinn Féin may find political prose harder than opposition poetry
Assuming it is the main player in the next government, the party is likely to soon find out that keeping its promises will come at a high price