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Name | Symbol | Market | Type |
---|---|---|---|
Gol Linhas Aereas Inteligentes SA | NYSE:GOL | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.715 | 0 | 01:00:00 |
By Stephen Nakrosis
The American depository receipts of Chilean airline Latam Airlines Group SA (LTM) have taken off in Thursday's after-hours market, following the news that Delta Air Lines Inc. (DAL) is taking a 20% stake in the South American carrier.
At 5:14 p.m. ET, Latam's ADRs are trading 22.09% higher, at $11 each. They closed the day's regular trading session with a 3.33% gain, finishing at $9.01.
The ADRs of Brazilian airline GOL Linhas Aereas Inteligentes SA (GOL) are taking an opposite tack, trading 8.76% lower on the news, at $15 each. Delta is planning to exit from its GOL stake, CNBC reported.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
September 26, 2019 17:36 ET (21:36 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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