The easyJet (LSE: EZJ) share price was the worst performer on the entire FTSE 100 last month, crashing 14.21%.
Happily, I don’t hold it in my portfolio, but now I’m wondering whether to change that. I like buying out-of-favour companies in the hope they rebound at speed when sentiment shifts. So should I add the budget airline to my portfolio in June?
Last month marked the latest in a string of disappointments for easyJet investors. The stock is now down 2.4% over one year and 45.72% over three.
It’s a shame because when I last looked at it on 28 February, it seemed to be on the up, having just flown out of the FTSE 250 and back into the FTSE 100. It was cashing in on the so-called ‘revenge travel’ trend, as travellers caught up on exotic trips missed during those dreary Covid lockdowns.
FTSE 100 turbulence
Travellers were also spending more on seat upgrades and onboard meals, boosting ancillary…
