Shares of retailers and other consumer companies were more or less flat as traders assed the risk presented by the ongoing spread of Covid 19 to travel and shopping activity.
British discount carrier EasyJet said it would launch a fully underwritten rights issue to raise about $1.65 billion and that it has secured a new $400 million credit line to repair its balance sheet and invest in growth.
Shares of EasyJet fell, even as other carriers rebounded late in the session.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
09-09-21 1724ET
