AZUL

Azul (AZUL.US) tumbled nearly 15% during regular trading to $3.45.

The stock is down 46.51% over the past five sessions and up 590.00% year to date. It sits 64.90% below its 52-week high of US$9.830. Volume was 81.58 times its average and the intraday swing reached 22.22%.

The Nasdaq Composite is up 0.29% over the past five sessions and up 14.03% year to date.

The company authorized a capital increase of 512.81 million reais through the exercise of warrants, issuing 32.27 million new shares and raising total share capital to 22.27 billion reais.

The board also increased the credit facility limit with Azul Linhas Aéreas Brasileiras to 800 million reais from 650 million reais and extended the drawdown deadline to Dec. 31, 2027.

Based on public media reports. AI-generated; not investment advice.