DESP looks like a perfect short after weak eaningsBulls tried to get the stock up in Friday's pre-market but failed and the stock is back into a downtrend
I don't see any reason why the stock will go up
Weak earnings, MACD is heading down, the stock is right under MAs (20,50, 200)
Watching closely on Monday for an entry point
148,347.30
0.00 USD
8.92 M USD
257.15 M USD
About Despegar.com, Corp.
Sector
Industry
CEO
Damián Scokin Rimolo
Website
Headquarters
Buenos Aires
Founded
1999
ISIN
ARBCOM4600X2
Despegar.com Corp. is an online travel company, which engages in providing online travel agency services. It offers tours and corporate packages to destinations such as Paris, Cancun, Rio de Janeiro, Rome, Barcelona, and Las Vegas, as well as vehicle rentals and hotel bookings. It operates through the following segments: Air; Packages, Hotels, and Other Travel Products; and Financial Services. The Air segment refers to the facilitation services for the sale of airline tickets. The Packages, Hotels, and Other Travel Products segment offers facilitation services for travel package sales. The Financial Services segment includes processing, fraud identification, credit scoring, and information technology services. The company was founded by Martin Rastellino, Roberto Hernán Souviron, Federico Fuchs, Ernesto Cadeiras, and Christian Vilate in 1999 and is headquartered in Buenos Aires, Argentina.
#DESP 1W- LONG TERM HOLD / LATIN AMERICAN UNICORN.Despegar.com, Corp., its an online travel company that provides a range of travel and travel-related products through its websites and mobile applications in Latin America. The company operates through two segments, Air; and Packages, Hotels and Other Travel Products. The company offers airline tick
Latin America - Go out and Travel playThis is a great little company focusing on growing Latin America market. Expedia of Latin America. Was beaten down with Covid and now it looks like it's breaking out of the downtrend. There is a lot of pent up demand for the next few Qs for them to capitalize one...
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