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.
Related posts
Moody’s Upgrades Afreximbank’s Rating to Baa1
26th January 2017