Short sellers target Wizz Air as Iran war wipe outs profit

Wizz Air, a budget airline, is facing a potential profit hit of €50mn due to the Iran war, leading short sellers to target the company, but the CEO remains optimistic, stating the crisis is 'more manageable' than others. The airline's bottom line is expected to take a significant hit, which may impact investor confidence. The CEO's comments suggest a sense of resilience, but the overall market sentiment remains cautious.