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Market Overreacts to Sabre's Rattle

Dan Wasiolek (dan.wasiolek@morningstar.com)

 Sabre SABR is executing well on the factors under its control. In the first quarter, its air booking share grew 140 basis points to 38.3%, the fifth straight quarter of share gains, and the company continues to migrate slow and expensive mainframe functionality to a faster, cheaper, and more reliable open-source platform.