{"id":63272,"date":"2014-11-06T18:20:04","date_gmt":"2014-11-06T23:20:04","guid":{"rendered":"http:\/\/countingpips.com\/?p=63272"},"modified":"2014-11-06T18:20:04","modified_gmt":"2014-11-06T23:20:04","slug":"why-the-qantas-share-price-fell-today-2","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/11\/why-the-qantas-share-price-fell-today-2\/","title":{"rendered":"Why The Qantas Share Price Fell Today"},"content":{"rendered":"
November 6, 2014<\/div>
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By MoneyMorning.com.au<\/u><\/a><\/p>\n

What Happened to the Qantas Share Price?<\/h2>\n

Qantas Airways Limited [ASX:QAN]<\/strong> is an Australian based domestic and international airline with two brands, Qantas and Jetstar.<\/p>\n

The share price closed 3.50% lower on Thursday. <\/p>\n

Why Did This Happen to QAN Shares?<\/h2>\n

Foreign investment in the company fell from 47.8% to 42.8%<\/p>\n

What Now for Qantas Airways Limited?<\/h2>\n

The airline reached a 17 month high of $1.72 yesterday. <\/p>\n

Today\u2019s sell off could be some investors keen to take profits while the stock is at this peak. <\/p>

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If the sell off continues, it could easily fall to around $1.55 in the short term. However, this company is regularly plagued by bad news, so a nosedive to $1.40 isn\u2019t out of the question. <\/p>\n

Don\u2019t rush into buying this stock. It has disappointed the market with financial losses for the past five years. Remember, just because a stock is cheap doesn\u2019t make it buy!<\/p>\n

Shae Smith+<\/a>
\nEditor, Money Weekend<\/em><\/strong> <\/p>\n

Join Money Morning on Google+ <\/span><\/a><\/strong><\/p>\n

The post Why The Qantas Share Price Fell Today<\/a> appeared first on Stock Market News, Finance and Investments | Money Morning Australia<\/a>.<\/p>\n

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\nBy MoneyMorning.com.au<\/u><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By MoneyMorning.com.au What Happened to the Qantas Share Price? Qantas Airways Limited [ASX:QAN] is an Australian based domestic and international airline with two brands, Qantas and Jetstar. The share price closed 3.50% lower on Thursday. Why Did This Happen to QAN Shares? Foreign investment in the company fell from 47.8% to 42.8% What Now for […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-63272","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/63272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=63272"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/63272\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=63272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=63272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=63272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}