Saturday, November 05, 2005

Flight Centre Crash (FLT)

Flight Centre Ltd stock price has crashed over the past week after comments at the company's Annual General Meeting on 27th October that the company is not meeting profit growth targets year to date and is unable to provide earnings guidance at this point in time. Flight Centre's share price was $14.25 the day before the AGM and is trading now at $10.50 per share.

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