** Shares in Rainbow Tours GPW:RBW slump 8% after the Polish tour operator's H1 net profit fell 12.2% y/y to 84.6 million zlotys ($23 million)
** This was the first y/y decline in earnings since COVID-19 and was likely to trigger a negative market reaction, Jakub Szkopek from Erste Group says
** However, Szkopek also notes that the group's CEO has indicated in an interview that while Q2 was a period of weakening demand, Q3 brought some recovery
** Rainbow Tours' shares are on track for their worst day in almost 3 years
($1 = 3.6538 zlotys)