EasyJet stock price falls 7% after posting first annual loss

Shares of EasyJet (LON: EZJ) tumbled over 7% after setting a 5-month high amid the first annual loss ever. Fundamental analysis: Revenue crashes EasyJet reported revenue of £3 billion for the full year ending September amid the coronavirus pandemic and collapsing demand for international travel. This is a plunge by 52.9% compared to £6.38 billion reported a year ago.   Investors were also disappointed to hear that the company expects only 20% of its planned flights for the final quarter of the year to take place.  “I am immensely proud of the performance of the easyJet team in facing the challenges