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Scandal-plagued travel firm’s share price drops 85pc, ASX recovers | Finance Report | ABC NEWS
The Australian share market was able to snap its three-day losing streak after investors decided to ‘buy the dip’.
Meanwhile, shares of Corporate Travel Management (ASX:CTD) plunged 85 per cent on its first day back on the market, after its year-long trading suspension was lifted.
The company was caught in a financial scandal, which involved overcharging the British government, along with clients in the UK, Australia and New Zealand by as much as $272 million.
Presented by David Chau.
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Read more here: https://www.abc.net.au/news/2026-09-03/asx-markets-business-news-live-updates-thursday-3-september/107109706
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