Flight Centre Travel Group Ltd (ASX: FLT), James Hardie Industries PLC (ASX: JHX), and Webjet Group (ASX: WJL) shares are grabbing headlines today.
One of the popular ASX stocks is outperforming the 1% losses posted by the S&P/ASX 200 Index (ASX: XJO) during the Wednesday lunch hour, while two are trailing those losses.
Here's what's catching investor interest.
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Webjet shares trounced on Virgin Australia news
Webjet shares are taking a beating today.
Shares in the All Ordinaries Index (ASX: XAO) travel agency are down 11.2% at the time of writing, trading for 44 cents each.
Investors are overheating their sell buttons after the company announced that commencing on 1 July, Virgin Australia Holdings Ltd (ASX: VGN) will "substantially reduce" the current commission streams and commercial arrangements.
The company noted that if this change had been in place since the beginning of FY 2026, it would have impacted full-year revenue by around $3 million.
"Webjet remains focused on delivering value to customers and shareholders, notwithstanding the evolving commercial environment," Webjet CEO Katrina Barry said.
"In response to these changes, Webjet will adjust its commercial and partnership strategy and focus to optimise outcomes."
The company also released some mixed full-year FY 2026 results this morning.
Webjet shares are now down 50% in 12 months.
Flight Centre shares slip despite strategic $7 million investment
Flight Centre shares are also underperforming today.
Shares in the ASX 200 travel stock are down 2.7%, trading for $9.71 each.
The selling pressure comes despite Flight Centre announcing that it has invested US$5 million (AU$7 million) in United States-based corporate travel payments technology company, Blockskye.
Commenting on the strategic investment, Flight Centre CEO Chris Galanty said:
This investment provides FCM with access to emerging payment technology that solves some of the corporate card and expense management challenges that corporate travellers typically encounter.
Flight Centre shares are now down 28% in 12 months.
Which brings us to…
James Hardie shares supported by sales boost
Joining Flight Centre and Webjet shares in making waves today, we find James Hardie.
Shares in the ASX 200 building materials company have recovered from earlier losses to be up 0.2% at the time of writing, swapping hands for $26.84 apiece.
This follows the release of James Hardie's full-year FY 2026 results.
It was a mixed report, with the company revealing a 25% year-on-year increase in net sales to US$4.84 billion. This was driven by additional sales from James Hardie's AZEK acquisition, a US-based outdoor building products company.
Excluding that acquisition, organic net sales declined by 2% from FY 2025.
And on the bottom line, the company reported a 75% year-on-year decline in net profit after tax (NPAT) to US$104 million.
James Hardie shares are down 30% in 12 months.
