Elon Musk’s social media poll on buying Ryanair (RYAAY) stock boosted shares by 72% from its 52-week low. The airline’s refusal to install Starlink for in-flight WiFi underscores their commitment to cost control. However, EU regulations prevent Musk, a U.S. citizen, from acquiring majority ownership in Ryanair. Despite upcoming weak Q3 earnings, analysts recommend holding onto RYAAY stock with a potential 5% upside from the current price.
Read more at Yahoo Finance: Is Ryanair Stock a Buy, Sell, or Hold as Elon Musk Proposes Buying the Discount Airline?
