Webjet Limited (ASX:WEB) is a digital travel business spanning both global consumer markets (‘B2C’) and wholesale markets (‘B2B’). It was established in 1998 and now claims to be the leading online travel agency (OTA) in Australia and New Zealand. Webjet says it was the world’s first to use ‘Travel Services Aggregator’ technology and is now leading the industry in blockchain innovation.
Many ASX travel sector shares went nuts today, with seemingly more support on the way from the Australian federal government.
The Webjet Limited (ASX:WEB) share price is down after reporting that its FY21 first half profit fell heavily.
The S&P/ASX 200 (INDEXASX:XJO) is expected to rise when the market opens on Monday. Zip Co (ASX:Z1P) and Baby Bunting (ASX:BBN) shares are in the news.
I think it’s a pretty difficult investing environment right now, but there’s always a pocket of ASX shares that look interesting.
Can the ASX travel shares like Webjet Limited (ASX:WEB), Qantas Airways Limited (ASX:QAN) and Flight Centre Travel Group Ltd (ASX:FLT) fly higher?
The S&P/ASX 200 (INDEXASX:XJO) won’t be going anywhere today with the ASX closed for the national public holiday. Youfoodz (ASX:YFZ) and PointsBet (ASX:PBH) shares are in the news.
November was a great month for travel stocks like Webjet (ASX:WEB) and Flight Centre (ASX:FLT), but shares have pulled back slightly since the start of December. Are they a buy today?
The share prices of Qantas Airways Limited (ASX:QAN), Flight Centre Travel Group Ltd (ASX:FLT) and Webjet Limited (ASX:WEB) could all go higher thanks to New Zealand.
Webjet Limited (ASX: WEB) and Flight Centre Limited (ASX: FLT) saw roughly a 65% increase in the share price in the space of last month. Here’s what I think.
