virgin atlantic

Rolls Royce Shares Higher as Virgin Atlantic Seals Bailout

Rolls Royce Shares were 0.5% higher today after Virgin Atlantic completed a £1.5bn rescue plan. The news ends the threat of another airline and customer leaving the skies for the engine maker.

In my last article on Rolls I said: The latest drop sees the price trading at 232.2 and it’s possible we could see the 3rd August lows around 213 tested.” The share price has since tested that support level and is now looking to bounce.  

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