MakeMyTrip Rises Amid Market Downturn: Key Facts

MakeMyTrip (MMYT) rose 2.28% to $40.00, outperforming the S&P 500's 1.74% loss. The online travel company's shares have decreased 31.35% over the last month. Market participants will focus on MakeMyTrip's upcoming financial results, with projected EPS at $0.35 and revenue at $277.35 million. The Zacks Rank system ranks MakeMyTrip at #3 (Hold) with a Forward P/E ratio of 25.82, a premium compared to its industry average.