As bulls turn bear, IndiGo stock plummets 25% in four days


Indigo Pic

IndiGo, India’s biggest airline, has become the world’s worst-performing airline stock just two months after a blockbuster initial public offering.

The carrier’s operator InterGlobe Aviation fell 25 percent in the four trading sessions through Jan. 25 — the worst compared with major airlines as well as the 48-member Bloomberg Intelligence Global Airlines Competitive Peers index. A potential delay in receiving new fuel-efficient jets is said to have hurt the stock.


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