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$GBTG

8 stories mentioning GBTG

Every FINWIRES story that references GBTG, newest first.

Insider Trading

Global Business Travel Group Insider Sold Shares Worth $1,017,201, According to a Recent SEC Filing

John David Thompson, Chief Technology Officer, on May 04, 2026, sold 108,908 shares in Global Business Travel Group (GBTG) for $1,017,201. Following the Form 4 filing with the SEC, Thompson has control over a total of 626,793 Class A common shares of the company, with 626,793 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1820872/000142389126000005/xslF345X05/primarydocument.xml

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Research

BTIG Research Downgrades Global Business Travel to Neutral

Global Business Travel Group (GBTG) has an average rating of overweight and mean price target of $9.75, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

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Sectors

Sector Update: Financial Stocks Fall Monday

Financial stocks declined Monday with the NYSE Financial Index falling 1.1% and the State Street Financial Select Sector SPDR ETF (XLF) losing 0.7%.The Philadelphia Housing Index dropped 3.4%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) shed 0.6%.Bitcoin (BTC-USD) rose 1.7% to $79,950, and the yield for 10-year US Treasuries gained 6.8 basis points to 4.45%.In economic news, new orders for US factory goods rose 1.5% in March, above expectations for a 0.6% gain in a Bloomberg survey, following a revised 0.3% increase in February. Excluding a 0.8% rebound in transportation orders, new orders would have been up 1.6%, topping the projected 1.3% gain and matching February's pace.In corporate news, Boyd, which is backed by Goldman Sachs (GS) Asset Management, is offering a deeply discounted loan to refinance its capital structure following the sale of its liquid-cooling business to Eaton (ETN), Bloomberg reported. Goldman shares fell 2.2%.Carlyle (CG) arranged a first-of-its-kind financing that will seed its next flagship buyout fund while repaying investors in some of its older funds, Bloomberg reported. Carlyle shares rose 1.1%.American Express Global Business Travel, which is operated by Global Business Travel (GBTG), agreed to be acquired by Long Lake Management for $6.3 billion in cash. Global Business Travel shares surged 58%.Blackstone (BX) Digital Infrastructure Trust set its initial public offering at 87.5 million shares with an anticipated price of $20 a share. Blackstone shares fell 1.7%.

$BX$CG$GBTG$GS
Sectors

Sector Update: Financial Stocks Decline in Afternoon Trading

Financial stocks were lower Monday afternoon, with the NYSE Financial Index falling 1% and the State Street Financial Select Sector SPDR ETF (XLF) off 0.8%.The Philadelphia Housing Index dropped 3.3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was shedding 0.7%.Bitcoin (BTC-USD) was increasing 1.9% to $80,023, and the yield for 10-year US Treasuries was rising 7.6 basis points to 4.45%.In economic news, new orders for US factory goods rose by 1.5% in March, above expectations for a 0.6% gain in a Bloomberg-compiled survey, following a revised 0.3% increase in February. Excluding a 0.8% rebound in transportation orders, new orders would have been up 1.6%, above a 1.3% gain expected and the same as in February.In corporate news, American Express Global Business Travel, which is operated by Global Business Travel (GBTG), on Monday agreed to be acquired by Long Lake Management in an all-cash deal worth about $6.3 billion. Global Business Travel shares surged 57%.Blackstone (BX) Digital Infrastructure Trust set its initial public offering at 87.5 million shares with an anticipated price of $20 per share, according to a filing with the Securities and Exchange Commission. Blackstone shares were down 0.9%.JPMorgan Chase (JPM), Morgan Stanley (MS), SMBC and MUFG (MUFG) are exploring ways to distribute data center-related debt to broader investors as AI infrastructure financing strains bank balance sheets, the Financial Times reported. The banks are looking at private loan sales and significant risk transfers, or SRTs, to reduce exposure to large individual borrowers and free up lending capacity, the report said. JPMorgan Chase shares fell 1.4%, Morgan Stanley was shedding 0.9%, and MUFG decreased 0.3%.

$BX$GBTG$JPM$MS$MUFG
Wire

Top Midday Gainers

Celcuity (CELC) reported late Friday positive topline results from a cohort of its phase 3 Viktoria-1 trial, with the study meeting its primary endpoint and showing a clinically meaningful improvement in progression-free survival.The study evaluated gedatolisib plus fulvestrant, with or without palbociclib, in patients with HR-positive, HER2-negative, PIK3CA-mutant advanced breast cancer who had progressed after a CDK4/6 inhibitor and an aromatase inhibitor.Shares jumped more than 16%, with intraday trading volume at over 2.5 million from a daily average of roughly 737,000.CNS Pharmaceuticals (CNSP) shares surged 268% amid heavy trading after the company said Monday it signed deals for a private placement financing likely to generate roughly $22.5 million.Intraday trading volume catapulted to over 78.4 million shares from a daily average of about 32,000.American Express Global Business Travel, which is operated by Global Business Travel Group (GBTG), said Monday it has entered into a definitive agreement to be acquired by Long Lake Management for $9.50 per share in an all-cash deal valued at about $6.3 billion.Shares soared 57%, with intraday trading volume of over 61.6 million from a daily average of about 1.6 million.Price: $146.00, Change: $+20.35, Percent Change: +16.20%

$CELC$CNSP$GBTG
Sectors

Sector Update: Financial

Financial stocks were lower Monday afternoon, with the NYSE Financial Index falling 1% and the State Street Financial Select Sector SPDR ETF (XLF) off 0.8%.The Philadelphia Housing Index dropped 3.3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was shedding 0.7%.Bitcoin (BTC-USD) was increasing 1.9% to $80,023, and the yield for 10-year US Treasuries was rising 7.6 basis points to 4.45%.In corporate news, American Express Global Business Travel, which is operated by Global Business Travel (GBTG), on Monday agreed to be acquired by Long Lake Management in an all-cash deal worth about $6.3 billion. Global Business Travel shares surged 57%.

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Wire

Top Midday Stories: GameStop Submits $55.5 Billion Bid to Acquire eBay; Amazon Launches Supply Chain Services

All three major US stock indexes were lower in late-morning trading Monday, after President Donald Trump announced over the weekend a plan to have the US guide cargo ships belonging to other nations safely through the Strait of Hormuz.In company news, GameStop (GME) said Sunday it submitted a non-binding offer to acquire all outstanding shares of eBay (EBAY) for $125 each. The $55.5 billion proposal is an equal mix of cash and stock, with the cash component supported by corporate reserves and up to $20 billion in potential financing from TD Securities, the company said. GameStop shares were down 7.9% around midday, while eBay shares were up 5.7%.Amazon.com (AMZN) has launched Amazon Supply Chain Services, opening its logistics network to businesses, the company said Monday. The new offering extends Amazon's freight, distribution, fulfillment and parcel shipping capabilities to retail, wholesale, and commercial businesses, the company said. Separately, Amazon-backed Anthropic has set up a standalone enterprise services firm alongside Blackstone (BX) and Goldman Sachs (GS) to integrate the Claude artificial intelligence platform into core business operations. Amazon shares were up 1.5%, while shares of FedEx (FDX) and United Parcel Service (UPS) were down 9.3% and 9.9%, respectively. Blackstone shares were down 0.9%, while Goldman shares were down 2.3%.American Express Global Business Travel, which is operated by Global Business Travel Group (GBTG), said Monday it has entered into a definitive agreement to be acquired by Long Lake Management for $9.50 per share in an all-cash deal valued at about $6.3 billion. Global Business Travel Group shares were up 57.3%.ADT (ADT) said Monday it priced a secondary public offering of 102 million common shares, sold by certain entities managed by affiliates of Apollo Global Management (APO) and representing all the remaining shares owned by the selling stockholders. The offering is expected to close on May 5, subject to customary conditions. ADT shares were down 6.4%, and Apollo shares were 0.3% lower.Norwegian Cruise Line (NCLH) reported Q1 adjusted earnings Monday of $0.23 per share, up from $0.10 a year earlier and above the FactSet consensus estimate of $0.14. Total Q1 revenue was $2.33 billion, up from $2.13 billion a year ago but below the FactSet consensus of $2.36 billion. For Q2, the company said it expects adjusted EPS of $0.38, below the FactSet consensus of $0.51. The company lowered its full-year 2026 adjusted EPS range to $1.45 to $1.79, from $2.38 prior outlook. Analysts polled by FactSet expect $2.10. Norwegian Cruise shares were down 8.7%.Price: $24.44, Change: $-2.09, Percent Change: -7.88%

$ADT$AMZN$APO$FDX$GBTG$GME$NCLH$UPS
US Markets

American Express Global Business Travel to Be Taken Private by Long Lake in $6.3 Billion Deal

American Express Global Business Travel, which is operated by Global Business Travel (GBTG), on Monday agreed to be acquired and taken private by Long Lake Management in an all-cash deal worth about $6.3 billion.Shareholders of American Express Global Business Travel will receive $9.50 per share in cash, representing a premium of about 60% to the travel software and services company's closing stock price on Friday.Shares of the firm jumped about 58% in Monday trade, taking its year-to-date gain to around 22%."This agreement delivers a compelling outcome for our shareholders, providing them a substantial, certain cash value at an attractive premium," American Express Global Business Travel Chief Executive Paul Abbott said in a statement.The transaction, which requires approval from American Express Global Business Travel's shareholders and clearance from regulators, is expected to complete in the second half. Entities collectively owning 69% of the company's stock, including American Express (AXP), Expedia (EXPE) and BlackRock (BLK), have agreed to vote in favor of the deal.Following completion, American Express Global Business Travel's shares will no long trade publicly."The future of business travel will be defined by (artificial intelligence) and human agents working seamlessly together on behalf of every traveler," according to Long Lake CEO Alex Taubman. "In partnership with Long Lake, Amex GBT will continue to invest heavily in these capabilities."Long Lake intends to finance the acquisition through a combination of equity provided by its existing investors and committed debt financing.Separately, American Express Global Business Travel reported first-quarter net income of $0.10 per share, down from $0.16 the year before. Revenue climbed 35% to $840 million, while four analysts polled by FactSet expected $816 million.The company said it's suspending its financial guidance due to the proposed acquisition by Long Lake.Price: $9.38, Change: $+3.45, Percent Change: +58.09%

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