Stock Track | Web Travel Group Soars 17.57% Intraday After Reaffirming Fiscal 2026 Guidance

Stock Track

Feb 09

Web Travel Group Ltd's stock soared 17.57% during intraday trading on Monday, marking a significant rebound in its share price.

The surge comes after the company reaffirmed its fiscal 2026 earnings guidance, expecting EBITDA between A$147 million and A$155 million, representing 22% to 29% year-over-year growth. This positive update follows a sharp decline of approximately 36% on Friday when the company disclosed that its Spanish subsidiary is undergoing a tax audit covering periods from 2021 to 2025.

The reaffirmed guidance has restored investor confidence, leading to the stock's strong recovery during Monday's trading session as market participants respond to the company's maintained growth outlook despite recent regulatory challenges.

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