Ctrip Soars On Outlook, Q4 Beat, But Costs Jump

By | March 20, 2015

Scalper1 News

Chinese travel portal Ctrip.com International (CTRP) stock surged Friday after the company projected better-than-expected revenue for the current quarter and posted Q4 earnings that topped Wall Street expectations. Amid intense competition, the company says it is investing heavily in more than a dozen key initiatives, from building its brand name to improving travel financing services. Ctrip late Thursday reported that its product development Scalper1 News

Scalper1 News