Norwegian shares opened at NOK 100 (£8.95) on the Oslo exchange on Tuesday morning (January 29), down from NOK 141 (£12.62) when trading closed on Monday.
It is the second time in a week Norwegian’s share prices have been rocked after British Airways owner IAG last week revealed it would not pursue its interest in acquiring Norwegian and would dispose of its 4.61% stake in the carrier, sending prices falling more than 20%. According to Reuters, no discussions over a potential sale or acquisition are ongoing.
The airline announced on Tuesday it was now aiming to raise around NOK 3 billion (£270 million) with a rights (share) issue to shore up its balance sheet.
