Tuesday 16 July
Jul 11, 2019 @ 16:46

Cebu Pacific shares back to normal after epic fail

 

Trading in Cebu Pacific shares is back to normal two days after a “fat finger” error caused a deep dive in its stock price.

Cebu Pacific recovers from deep plunge

Cebu Pacific shares nosedived from P93.40 to P58 last Tuesday as an unnamed trader punched in a wrong order which was automatically cleared by the system.

Fat fingers: Trader typo wipes out P21B from Cebu Pacific’s market value

It hit its price ceiling of P87 on Wednesday on a token trade.

Cebu Pacific gets away with slap on the wrist

By Thursday, Cebu Pacific shares rose 6.38 percent to close at P92.55 with an intraday peak of P93.55.

Cebu Pacific more than doubles Q1 profit to P3.4B

All’s well than ends well and we just hope the sloppy trader just got a reprimand and not fired because he’s human just like all of us.

Cebu Pacific still PH’s leading domestic airline

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