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Old 19th Jun 2022, 09:36
  #432 (permalink)  
WHBM
 
Join Date: Oct 2002
Location: London UK
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IAG stock getting seriously shorted on the London and New York stock markets by hedge funds, who are normally the first spotters of poor management

City investors betting on fall in price of British Airways owner IAG (msn.com)

The division between the operational airlines, and the investor-focused overlords at IAG seems to be turning out a poor structure, especially as they concentrate management ever more in Spain, whereas the bulk of the European investment is through London, where the operational details are more extensively reported.

Apparently the recent AGM was only in Madrid, unlike the dual AGMs of previous times on sequential days in Madrid and London, and BA were offering only C class fares priced around £700 for a day return for any City of London analysts who wanted to go and represent their investor clients. Somebody at IAG probably thought this was funny.
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