Thomas Cook’s chairman has snapped up more than £80,000 of shares in the holiday firm after the stock crashed amid concerns over the company’s future. Thomas Cook’s chairman has snapped up more than £80,000 of shares in the holiday firm after the stock crashed amid concerns over the company’s future. Thomas Cook’s shares recovered slightly on Wednesday following the share-buying and positive analyst comments. The company’s shares were trading at 28.5p on Wednesday afternoon, having been worth 48p just over a week ago. Thomas Cook’s market cap now stands at about £330 million, putting it on course to be relegated from the FTSE 250 index.

Source: Irish Independent December 05, 2018 14:20 UTC