Selina Hospitality Shares Up 16% on Globant Partnership
Provided by
Dow Jones
By Josh Beckerman
Shares of Selina Hospitality were up 16% after it announced a corporate brand partnership with information-technology company Globant.
Selina shares were recently at 50 cents, but are down about 82% for the year.
Globant employees would receive discounts for accommodations, tours and on-site restaurants and access to recreational activities, wellness areas and events.
Selina focuses on Millennial and Gen Z travelers, providing "luxury suites to hammocks under the stars and everything in between." It debuted on Nasdaq in October 2022 after a blank-check company merger.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
August 21, 2023 12:52 ET (16:52 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
What’s the Difference Between the CPI and PCE Indexes?
-
Powell Unfazed By Sticky Inflation, but Rate Cuts Are Far Off
-
After Earnings, Is Microsoft Stock a Buy, a Sell, or Fairly Valued?
-
Best- and Worst-Performing Stocks of April 2024
-
Magnificent 7 Stocks Earnings Updates: AI Remains the Focus
-
Small-Cap and Value Stocks Are Undervalued
-
Why We Expect the Job Market’s Slowdown to Renew in 2024
-
5 Undervalued Stocks to Buy to Play a Little Defense
-
10 Top-Performing Dividend Stocks of the Month
-
Marathon Petroleum Earnings: No Change to Competitive Position, but Shares Look Expensive
-
Charlie Munger and How Not to Invest
-
Look Inside Berkshire Hathaway’s Portfolio Before Its Annual Meeting
-
After Earnings, Is AT&T Stock a Buy, a Sell, or Fairly Valued?
-
Mastercard Earnings: A Stable Environment Highlights the Firm’s Strengths
-
Pfizer Earnings: Solid Results Supported by Steady Tracking Toward $4 Billion In Cost Cuts
-
Starbucks Earnings: Not a Lot to Like About Results as Global Traffic Sputters