Scandal-plagued travel firm's share price drops 85pc, ASX recovers | Finance Report | ABC NEWS
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The Australian share market was able to snap its three-day losing streak after investors decided to 'buy the dip'. Meanwhile, shares of Corporate Travel Management (ASX:CTD) plunged 85 per cent on its first day back on the market, after its year-long trading suspension was lifted. The company was caught in a financial scandal, which involved overcharging the British government, along with clients in the UK, Australia and New Zealand by as much as $272 million. Presented by David Chau. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-09-03/asx-markets-business-news-live-updates-thursday-3-september/107109706 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia #ABCBusiness
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