Shares in European online travel agency conglomerate eDreams Odigeo resumed trading Monday on the Madrid stock exchange.
The move came after the shock of last Friday, when its share price fell 59% -- leading to a suspension of trading.
Over the weekend, most of a trade dispute British Airways and Iberia was partly settled.
The Barcelona-based company appeared to capitulate to one demand from the airlines about how their fares should be displayed on two of its branded websites.
At the market close on Monday, shares were trading at euro 1.53, substantially higher than the 1.02 close on Friday when trading was halted.
But that price was dramatically lower than the euro 10.25 at which shares at the company's April initial public offering.
In a conference call at 10 Central European Time this morning, CEO Javier Perez-Tenessa said:
Deutsche Bank's analysts shared their research on the situation with Tnooz:
In the meantime, the company, which has been unprofitable for two years, says that this week it plans to file "several complaints before competition authorities to preserve its legitimate rights" in several European nations.
The company says that the two airlines want to force on it new restrictions in how their fares are marketed. Iberia has denied this. No party has made clear the exact terms or contours of the debate.
The company added:
For details on the dispute that spilled into the public eye on Friday, the dispute's resolution over the weekend, and other factors, such as downward revisions in earnings forecasts and short-selling by hedge funds, that may have been in play in the share price collapse, read our previous article: "eDreams Odigeo suspends share trading [UPDATE 3]."