|Bid||7.27 x 2900|
|Ask||7.30 x 1100|
|Day's Range||6.86 - 7.27|
|52 Week Range||6.22 - 15.10|
|Beta (5Y Monthly)||1.84|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 19, 2020|
|1y Target Est||N/A|
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A federal jury on Thursday ruled in favor of American Airlines Group Inc in its long-running lawsuit accusing flight booking service Sabre Corp of charging excessive fees and suppressing competition, but awarded the carrier just $1 in damages. The antitrust case had originally been brought by US Airways in 2011, two years before it merged with Fort Worth, Texas-based American. US Airways had alleged that Sabre impeded travel agents and others from using less expense alternatives for booking seats, and imposed an unduly restrictive distribution agreement.
Airlines huffed at global distribution services companies like Sabre Corp. for decades. They puffed about how excessive fees and anti-competitive terms imposed by businesses that provide flight schedules, fare discount information, and booking services to travel agents were costing them hundreds of millions of dollars in profits. And on Thursday, a federal court jury in […]
While Sabre Corporation ( NASDAQ:SABR ) might not be the most widely known stock at the moment, it received a lot of...