HLO +9.67%: shares in the travel booking company rallied to 18-month highs today on the back of a strong 3Q and an upgrade to guidance. Underlying EBITDA guidance was lifted ~30% to $38-42m for the full year with strong demand for both domestic and international travel supporting earnings. Total Transaction value (TTV) came in 150% above 3Q22, while margins have continued to improve, up to 30.4% in the quarter vs the first half of 21.4%.
MM is bullish HLO
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