Ryanair stock plunges after Q1 profits fall 46% YoY
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Shares of Ryanair (RYA.IR) are plunging after announcing its fiscal first quarter profit after tax fell 46% year over year.
Morning Brief hosts Seana Smith and Madison Mills break down the Irish low-cost air carrier's earnings and how overcapacity is putting pressure on the budget airliner.
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This post was written by Melanie Riehl