Why Sabre (SABR) Stock Is Down Today
Sabre (NASDAQ: SABR) shares fell 7.8% to $2.07 after mixed Q2 results. Revenue rose 4% to $712 million, but an adjusted loss was wider than expected. Management raised full-year pro forma adjusted EBITDA to about $600 million and free cash flow to about negative $65 million, while reaffirming low-to-mid single-digit revenue growth.



