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Despegar.com has been seeing revenue growth rebound to pre-pandemic levels. However, low growth in cash and earnings levels remain a concern. Inflation could significantly lower demand for travel across Latin America. I take the view that the stock is too risky at this point i...
In statements to the World Economic Forum on Tuesday, Chinese premier Li Kieqang indicated China will continue to pursue reopening policies, including the resumption of international travel. According to Chinese state media, the premier that has become the face of reopening acro...
Ramiro Lauzan Appointed to Despegar’s Board as well as Nomination & Compensation and Strategy Committees Dirk Donath Resigned as Director and Will Continue to Serve as Observer of the Board Despegar.com, Corp. (NYSE: DESP) (“Despegar”), t...
Tuniu Corporation (TOUR) was the biggest gainer in the consumer sector in early trading on Tuesday with a 46% pop. Positive news out of China on travel sent buyers back into TOUR. The National Health Commission in China said it will shorten the quarantine period for international travelers to...
Despegar.com, Corp. (NYSE: DESP) (“Despegar”), the leading online travel company in Latin America, today announced that on June 13, 2022, the Company’s Board of Directors approved a new share repurchase program (the “2022 Share Repurchase Program”)...
Despegar.com (NYSE:DESP) board approves new share repurchase program enabling the company to repurchase up to $40M of its shares, effective June 14, 2022 and expires on Aug.12, 2022. Current share repurchase program forms 7.7% of its total current market cap. YTD, the shares lost 31.1%. For...
Travel and leisure stocks fell in Thursday morning trading on broad concerns over the global economy and renewed COVID restrictions in China. Of note, The Organization for Economic Cooperation and Development lowered its global economic growth forecast for 2022 to +3.0% from +4.5%. Inflation ...
Despegar.com, Corp. (NYSE: DESP) (“Despegar”), the leading online travel company in Latin America, today announced that it has completed the previously announced (May 6, 2022 - link ) acquisition of 100% of TVLX Viagens e Turismo S.A (“Viajanet”), one...
Call End: Despegar.com, Corp (DESP) Q1 2022 Earnings Conference Call May 19, 2022 10:00 AM ET Company Participants Natalia Nirenberg - Investor Relations Damian Scokin - Chief Executive Officer Alberto Lopez-Gaffney - Chief Financial Officer Conference Call Participants Alejandra Aranda - ITA...
The following slide deck was published by Despegar.com, Corp. in conjunction with their 2022 Q1 earnings call. For further details see: Despegar.com, Corp. 2022 Q1 - Results - Earnings Call Presentation
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2024-07-10 19:46:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced that, as part of the annual reconstitution of the Russell equity indexes, the Company has been added to the Russell 2000® In...
2024-06-26 22:15:01 ET Santander analyst issues OUTPERFORM recommendation for DESP on June 26, 2024 08:48PM ET. DESP was trading at $12.5 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current analyst recommendations are : 3 - Buy, 1 - Hold ...