Despegar

Skift Take Don’t be surprised if Despegar makes and acquisition or two in 2023. That’s baked into its plans. — Dennis Schaal Despegar is increasing its product and geographic diversification but its net loss widened a tad in the fourth quarter because of weak travel demand and higher expenses. On the upside, the Argentina-based online travel agency, which has Brazil as its largest market, saw travel... Read further.

FREE Breaking News Alerts from StreetInsider.com! StreetInsider.com Top Tickers, 3/16/2023 March 16, 2023 6:54 AM EDT Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here. Despegar.com Corp. (NYSE: DESP) reported Q4 EPS of ($0.30), $0.22 worse than the analyst estimate of ($0.08). Revenue for the quarter came in at $145.5 million versus the consensus estimate of $147.3 million.GUIDANCE:Despegar.com... Read further.

Wealthsource Partners LLC bought a new position in shares of Despegar.com, Corp. (NYSE:DESP – Get Rating) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund bought 65,531 shares of the company’s stock, valued at approximately $374,000. Wealthsource Partners LLC owned 0.09% of Despegar.com at the end of the most recent quarter. Several other hedge funds and other institutional investors have also recently bought and sold... Read further.

While it may not be enough for some shareholders, we think it is good to see the Despegar.com, Corp. (NYSE:DESP) share price up 19% in a single quarter. But spare a thought for the long term holders, who have held the stock as it bled value over the last five years. Like a ship taking on water, the share price has sunk 84% in that time. The recent bounce might mean the long decline is over, but we are not confident. The fundamental business performance will ultimately determine if the... Read further.

Despegar, one of the leading travel agencies in Latin America, has partnered with Binance Pay and InSwitch to enable customers to pay for tour packages in cryptocurrencies. For starters, the offer will only be available to customers in Argentina. despegar leads the way The agreement, announced Discovered by the world’s largest cryptocurrency exchange – Binance, Despegar has become the first online travel agency (OTA) in Latin America to accept digital assets as a means of... Read further.

One of the leading travel agencies in Latin America – Despegar – partnered with Binance Pay and Inswitch to enable clients to pay for tour packages in cryptocurrencies. For starters, the offering will be available only for customers in Argentina.  Despegar Leads the Way The agreement, announced by the world’s biggest cryptocurrency exchange – Binance, turned Despegar into the first online travel agency (OTA) in Latin America to accept digital assets as a... Read further.

Despegar.com Corp. (NYSE:DESP) concluded the trading at $5.75 on Friday, March 10 with a fall of -4.80% from its closing price on previous day. Taking a look at stock we notice that its last check on previous day was $6.04 and 5Y monthly beta was reading 1.89 with its price kept floating in the range of $5.61 and $6.00 on the day. Considering stock’s 52-week price range provides that DESP hit a high price of $12.50 and saw its price falling to a low level of $4.44 during that period.... Read further.

Despegar scouts for new CFO  LatinFinance Read further.

According to the most recent filing with the SEC, Tudor Investment Corp. Et al. Increased the percentage of their holdings in Despegar.com Corp. (NYSE: DESP) by 216.1% in the third quarter. This information was found in the company’s filing. During the quarter, the institutional investor purchased 65,357 shares in addition to the 95,598 they had already acquired. In total, they now hold a total of 204,097 shares. As of the most recent reporting period, nearly 0.13% of Despegar.com was... Read further.