TSX:ACAirlines
Is There Now An Opportunity In Air Canada (TSX:AC) After Recent Share Price Weakness
If you are wondering whether Air Canada at around C$19.17 is a bargain or a potential value trap, you are not alone. That is exactly what this article aims to unpack.
The share price has been mixed recently, with a 2.2% gain over the last 7 days, a 1.6% decline over the last 30 days, and returns of a 3.0% decline year to date and a 2.9% decline over the past year, alongside longer term 3 year and 5 year declines of 15.1% and 9.9%.
Recent attention on Air Canada has been shaped by ongoing...