easyJet plc is trading 3% up today at £449.62 as shares extend gains following reports that U.S. investment firm Castlelake is weighing a potential bid.
- The stock has surged from £370.20 on May 22, gaining momentum after the company formally responded to a potential offer approach.
- Investors are reacting to improved takeover odds and the prospect of value-unlocking M&A activity within the airline sector.