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Sabre (SABR) Surges: Stock Moves 14.1% Higher

Zacks Equity Research
Updated

Sabre Corporation SABR was a big mover last session, as the company saw its shares rise more than 14% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $19.85 to $20.91 in the past one month time frame.

The move came after the company reported better than expected first-quarter 2018 results.

The company has seen no revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has moved higher over the past few weeks, suggesting that more solid trading could be ahead for Sabre. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Sabre currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.  

Sabre Corporation Price

Sabre Corporation Price | Sabre Corporation Quote

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