Your email has been successfully added to our mailing list.

×
0 0 0.00423588039867118 0.00232558139534895 -0.0027408637873753 -0.0198504983388703 -0.0199335548172756 -0.0117109634551495
Stock impact report

Ebix Will Walk From Yatra, If Shareholders' Interests Prevail [Seeking Alpha]

Yatra Online, Inc. - Ordinary Shares (YTRA) 
Last yatra online, inc. - ordinary shares earnings: 1/31 06:05 am Check Earnings Report
US:NASDAQ Investor Relations: investors.yatra.com/home/default.aspx
Company Research Source: Seeking Alpha
|TechEbix Will Walk From Yatra, If Shareholders' Interests PrevailApr. 27, 2020 11:54 AM ETAbout:Ebix, Inc. (EBIX)Includes:MMYTYTRAby: Sunil ShahLong/short equityWhite Man’s Numbers - Highly acclaimed financial thrillerSummarySince my last absurdly bullish article on February ‘18, Ebix has lost +80% of its value.Reason: Over 3 years, an Indian CEO led the company to a promising opportunity in India, but the acquisitions have been extravagant, were poorly integrated, thus decimating shareholder value.Yatra could well be a lethal blunder. In '19, Ebix committed to pay $338m (cash). The buyout currency, Ebix shares, have lost 80%, but a collar partly fixed the price.Yatra is a loss-making e-commerce travel outfit. It seems obvious to walk, using exit clauses in the deal. Ebix should rather focus on growing Via.com, the travel brand already purchased.Sound hopeless? Wait, just a few changes in governance could unlock a three-bagger in Ebix.Ebix up to 2017Ebix (NASDAQ:The core business, st Show less Read more
Impact Snapshot
Event Time:
YTRA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for YTRA alerts
Opt-in for
YTRA alerts

from News Quantified
Opt-in for
YTRA alerts

from News Quantified