It hasn’t been the best quarter for AirAsia X Berhad (KLSE:AAX) shareholders, since the share price has fallen 18% in that time. But that doesn’t change the fact that the returns over the last three years have been very strong. Indeed, the share price is up a very strong 150% in that time. It’s not uncommon to see a share price retrace a bit, after a big gain. The thing to consider is whether the underlying business is doing well enough to support the current price.
After a…
