Despegar.com Shares Gain 16% After 3Q Results Beat Estimates

By MarketWatch | Nov 14, 2024 at 06:54 PM EST

Despegar.com's stock surged 16% in after-hours trading following better-than-expected Q3 results. The company raised its adjusted earnings forecast and maintained its revenue outlook. CEO Damian Scokin attributed the success to strong demand, technology, and local expertise.

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