Lastminute shares hit by summer update

Online travel group lastminute.com saw its share price tumble today after confirming that trading had been “challenging” over the summer.

The company said underlying earnings for the fourth quarter were likely to be at the lower end of forecasts of between £25m (€36.3m) and £30m (€43.5m) set out in August. Shares fell by as much as 6% after today’s update.