LATAM downgrade

Dino D'Amore
By Dino D'Amore June 15, 2016 22:38

LATAM downgrade

LATAM shares took a hit yesterday, declining 2.58% to $6.04 in mid-afternoon trading after Goldman Sachs cut its rating on the stock to “sell” from “neutral.” Latam Airlines’s weaknesses include its generally high debt management risk, weak operating cash flow and generally disappointing historical performance in the stock itself.

Dino D'Amore
By Dino D'Amore June 15, 2016 22:38