Why Azul Stock Lost Altitude This Week
One of Latin America's best-run airlines faces significant headwinds and is reportedly pondering moves to try to offset any weakness.
The uncertainty appears to have investors on edge, sending shares of Azul (NYSE: AZUL) down 12% for the week as of Thursday midday, according to data provided by S&P Global Market Intelligence.
The entire global airline industry was hit hard by the pandemic, but few regions felt the impact more than Latin America. Azul was a rare standout in a sector that had experienced several high-profile bankruptcies, and the airline has been trying to go on the offensive in the years since.
Source Fool.com
Azul SA ADR Aktie
5,25 €
-1,87 %
Leichte Community-Bevorzugung: Azul SA ADR mit mehr Buy- als Sell-Einschätzungen.
Bei einem Kursziel von 12 € ergibt sich ein Potenzial von 128.57%, was mehr als eine Verdopplung des aktuellen Kurses von 5.25 € für Azul SA ADR bedeuten würde.
