Flight Centre Stock Takes a Pounding With Fallout From TV Report Lingering

Source: Travel News

Flight Centre Group

Pictured is a Flight Centre shop in Cairns, Australia. The travel agency plans to relocate 35 storefronts to new locations. Flight Centre Group

Skift Take: Flight Centre founder Scroo Turner must be wondering what it takes to keep the market happy. His company reported revenue and profit growth, but still its shares were slashed, with traders wiping more than $50 million off its value.

— Allan Leibowitz

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Flight Centre Stock Takes a Pounding With Fallout From TV Report Lingering