US stocks surge | Ryanair (RYAAY.US) reported profits at the upper end of expectations for the fiscal year + plans to repurchase 750 million euros of shares, rising nearly 6%

date
20/05/2025
According to the Securities Times APP, on Monday, Ryanair Airlines (RYAAY.US) rose nearly 6%, reaching a new high for the year at $53.06. In terms of news, the company announced its financial performance for the fiscal year ending in March, with profit declining 16% year-on-year to 1.61 billion euros, reaching the upper limit of the company's expectations. Due to a 7% decline in ticket prices, passenger traffic increased from 183.7 million in 2024 to slightly over 2 billion. The company plans to repurchase 750 million of shares in the next 6 to 12 months.