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LATAM Airlines shares fall after secondary offering unveiled

ReutersFeb 9, 2026 10:05 PM

U.S.-listed shares of Chile-based LATAM Airlines LTM.N down 3.2% post-market at $62.77 following secondary offering news

LTM says one of its shareholders to part with 9 mln American Depositary Shares (ADSs)

JP Morgan is the underwriter

U.S.-listed shares on Mon inched up a penny to close at $64.85, up 20% YTD. They have slightly more than doubled over the past 12 months

Co has 287.1 mln shares outstanding, per LSEG data

6 of 7 analysts rate shares "buy", 1 recommends "hold"; median PT $66.20

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