Wizz Air publishes Full year Results on Friday, 31 May.

• Last time Wizz Air reported: Trading Update, 2 Apr.
• The shares rose as much as 6.3% for a daily range of 112p or 3.9%.
• Currently 3154p (at time of writing).
• Will we see another big share price move on Friday?
• Shares -11.2% from 2019 highs; +16.7% from 2019 lows; +12.6% year-to-date.
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Wizz Air – An Example

Let’s say you think that Wizz Air results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Wizz Air using CFDs, at the current price of 3154p. To do this, you need £2,000.

For the purpose of this example, let’s assume Wizz Air reports strong results and the shares rise 10%. Your profit would be £1000, from your initial investment of £2,000.

Conversely, let’s assume you open the position, and place a stop-loss 5% below the current price. Wizz Air results miss, it falls 5% and hits your stop-loss. Your loss would be £500.

This is provided for information purposes only. It should not be taken as a recommendation.