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Wizz stock plunges after profit misses estimates, costs rise
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Wizz stock plunges after profit misses estimates, costs rise

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Wizz Air Holdings Plc plunged 26% in early trading. The drop marks the steepest decline for the Hungarian low-cost carrier in over five years.
On June 5, 2025, Wizz Air Holdings Plc's stock plummeted after the airline reported a profit that fell short of market expectations, primarily due to escalating operational costs. The low-cost carrier, based in Hungary, disclosed a significant rise in expenses related to fuel, labor, and maintenance, which overshadowed the revenue growth from increased passenger numbers. Despite a robust demand for air travel, Wizz Air's financial performance was negatively impacted, leading to a sharp decline in its share price as investors reacted to the disappointing results.

Read the Full Fortune Article at:
[ https://fortune.com/europe/2025/06/05/wizz-air-airline-stock-plunges-after-profit-misses-estimates-costs-rise/ ]