Sabre Corporation (SABR) in Southlake, Tex., is a leading software and technology firm that serves the worldwide travel industry, including airlines, hotels, travel agents, and other suppliers.
The company provides commerce, distribution, and fulfillment solutions to its customers to operate more effectively, boost revenue, and give individualized traveler experiences.
Despite increased demand for leisure travel earlier this year, SABR has failed to regain traction. The stock is down 46.5% in price over the past year and 38% over the past month to close yesterday’s trading session at $6.56. In addition, the shares are currently trading 56.6% below their 52-week high of $15.10, which it hit on June 02, 2021.
Here is what could…