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An analyst downgrade was the news that pushed down the share price of Sabre (NASDAQ: SABR) on the second business day of the week. The travel industry software mainstay lost altitude to the tune ...
On the back of Sabre’s first-quarter results, in which revenue fell short of expectations, Oppenheimer analyst Jed Kelly assigned Sabre stock a Hold rating without a price target.
Sabre (SABR) saw a big move last session, as its shares jumped more than 10% on the day, amid huge volumes.
Sabre Corporation, a travel technology company headquartered in Southlake, Texas, is the largest global distribution systems (GDS) provider for air bookings. The company's primary product, the Sabre Global Distribution System, and others like it, act as neutral intermediaries, connecting travel suppliers like airlines and hotels with travel sellers like agencies.
In 2000, Sabre negotiated a merger of Travelocity with Preview Travel. [8] The resulting company was listed on the NASDAQ stock exchange, with Sabre owning around 70% of the company. [8] In March 2002, Sabre reacquired all outstanding shares of the brand via a tender offer. [9] Jones left the company shortly afterward, in May 2002. [10]
American and Sabre separated on March 15, 2000. [1] Sabre had been a publicly traded corporation, Sabre Holdings, stock symbol TSG on the New York Stock Exchange until taken private in March 2007. The corporation introduced the new logo and changed from the all-caps acronym "SABRE" to the mixed-case "Sabre Holdings", when the new corporation ...
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Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on Sabre Corporation (NASDAQ:SABR) due to its excellent fundamentals in more ...