Shares of Corporacion America Airports S.A. (CAAP) surged 5.48% in pre-market trading on Thursday, following the release of impressive July passenger traffic data and recent strong financial results. The company, a leading private airport operator, continues to show robust growth across its key markets.

CAAP reported an 8.2% year-over-year increase in passenger traffic for July 2025, reaching nearly 8 million passengers. This growth was primarily driven by a 9.0% rise in domestic passenger traffic, with Argentina playing a significant role. The company also saw notable performances in Brazil, Italy, and Ecuador. Additionally, CAAP's Q2 2025 financial results revealed an 18.9% year-over-year increase in total revenues, outpacing the 13.7% growth in passenger traffic.

Adding to the positive sentiment, Jefferies analyst Alejandro Demichelis maintained a Buy rating on CAAP with a price target of $28.00. This bullish outlook, combined with the company's strong operational and financial performance, appears to be fueling investor confidence. As CAAP continues to focus on both organic and inorganic expansion projects, the market seems optimistic about its growth prospects in the airport management sector.