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Why Sabre Stock Is Climbing Today

·2-min read

Shares of Sabre (NASDAQ: SABR) are climbing today, up by 8.7% as of 3:03 p.m. ET., after the company posted a smaller-than-expected quarterly loss. Sabre, a one-time subsidiary of American Airlines Group, provides software and related tech to airlines, hotels, and travel agencies. The company saw air bookings accelerate globally, and there are early signs of a recovery in corporate and international travel as well.