Digital

Sabre Stock Up 6.6% on Stock Market Debut

@SamShankman

Apr 17, 2014 10:50 am


Sabre Corp., the travel software and data company that operates Travelocity, is having a relatively strong start on the stock market today with shares rising in the first few minutes of trade.

The stock, priced at $16 a piece on Wednesday, is now up 6.6 percent to $17.06.

The company priced its initial public offering at $16 a share, below the expected range of $18 to $20.

Stay tuned for more updates.

SABR Chart

SABR data by YCharts

Tags: ,

Follow @SamShankman

Next Up

More on Skift

Qatar Airways Splits From Other Gulf Carriers by Downplaying Luxury
The Tech-Driven Smart Trip Has Risks That Not All Travelers Are Ready For
Housekeepers’ Labor Concerns Extend Far Beyond Too Few Tips
Making Business Travel More Personal for Next-Gen Business Travelers