GOL Stock Rose 10% In Afterhours Trades, Why?

The shares of Brazil’s premier domestic airline Gol Linhas Aereas Inteligentes S.A. (GOL) were trading at $9.26 in after-hours at last check, up 10.77%. In the regular session on Friday, GOL stock closed at $8.36, down -2.45%. A total of 1.77 million shares were traded for the GOL stock on Friday, higher than the average daily volume of 1.66 million shares over the past 50 days.

Over the last 12 months, GOL shares have gained 6.63%, and in the past week, they have gained 0.72%. The GOL stock has gained 2.58% over the past three months, while it has lost -10.30% over the past six months. Moreover, GOL’s market capitalization stand at $1.36 billion and it has outstanding shares of 177.92 million. Following the announcement of its quarterly results, GOL stock rose.

GOL’s financials will be released when?

GOL An estimated 36 million passengers travel through GOL annually. GOL is Brazil’s largest airline operating daily flights over 750 times to more than 100 destinations in the country and in many other Latin American and Caribbean countries. More than 3,400 Brazilian municipalities and 200 international destinations are served by GOLLOG, GOL’s cargo transportation, and logistics business. The GOL partner network offers more than 700 destinations around the world through SMILES, allowing over 16 million registered users to earn miles and redeem tickets.

In addition to its headquarters in Sao Paulo, GOL maintains a team of approximately 14,000 high-skilled aviation professionals, who fly 127 Boeing 737 aircraft with an industry-leading on-time performance record. To enhance the customer experience, GOL invests billions of Reais in facilities, technology, products, and services.

GOL will announce its 2Q21 earnings before trading hours on Thursday, July 29, 2021. It will be available on the GOL website under the investor relations section, and interested investors and parties will be able to download it. On the day of the conference call, GOL will issue its corporate update and financial results. The GOL website will also feature a slide presentation that can be viewed and downloaded together with the live call.

How investors could access the webcast?

On GOL’s website, under “Events and Presentations” investors will have the option to stream the event over the Internet. Afterwards, GOL will provide an archive of the conference call as well as a link to the webcast on its website, which will be accessible for 7 days after the call ends.

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