19-Apr-2011 2:54 PM
Duty free and airport retail shares start week slowly
Analysis
Shares in airport retail, duty free and related stocks closed lower on Monday. Trading down heavily was restaurant and airport catering company DO & CO, which fell 4.5% to a 10-day low.
Summary
- Shares in airport retail, duty free, and related stocks closed lower on Monday.
- DO & CO, a restaurant and airport catering company, experienced a significant drop of 4.5% to a 10-day low.
- Gategroup, a Swiss catering company, also lost ground with a 2% decrease in share price.
- The CEO of gategroup resigned in early April 2011 following a fraud case at one of the company's subsidiaries.
- Autogrill, an Italian catering company, saw a decrease of 1.2% in its share price.
- These movements in share prices were observed on 18th April 2011.
Also losing ground was Swiss catering company gategroup, which fell 2% on Monday, after several days of heavy trading late last week. The company's CEO resigned in early Apr-2011, after a fraud case at one of the company's subsidiaries. Shares in Italian catering company autogrill were down 1.2V%
Selected duty free and airport retail share price movements (% change): 18-Apr-2011
