GOL stock downgraded, but anticipates yield improvements in 2010; Spirit Airlines to grow in 2010
Shares in GOL declined 1.1% yesterday, as Raymond James cut the stock from ‘market performance’ to ‘underperform’. Yesterday’s share price reduction also reflects an overall weakness in Brazilian stocks (down 0.25%) on Monday, as concerns regarding monetary policy tightening in China – Brazil’s main trading partner - weighed on the Brazilian market (and markets globally).
