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GOL Linhas Aereas Inteligentes SA ( (GOLLQ) ) has issued an update.
On February 6, 2025, GOL Linhas Aéreas Inteligentes S.A. received an official letter from B3 S.A.’s Superintendence of Listing and Supervision of Issuers regarding atypical movements in its share prices. Despite the fluctuations, GOL has stated that it is unaware of any undisclosed material facts that would justify such changes. Additionally, the company’s reorganization plan filed in December 2024, which involves converting a significant portion of its financial debt into equity, is expected to lead to substantial dilution of existing shares, pending shareholder approval.
More about GOL Linhas Aereas Inteligentes SA
GOL Linhas Aéreas Inteligentes S.A. is a leading airline in Brazil, part of the Abra Group, known for having the lowest unit cost in Latin America since its inception in 2001. The company has alliances with major airlines like American Airlines and Air France-KLM, and offers more than 60 codeshare and interline agreements. GOL operates the Smiles loyalty program and GOLLOG for cargo transportation, with a fleet of 138 Boeing 737 aircraft and 13,900 employees focused on safety.
YTD Price Performance: 22.05%
Average Trading Volume: 76,223
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $111.3M
For an in-depth examination of GOLLQ stock, go to TipRanks’ Stock Analysis page.
