Ctrip Upgraded As Q1 Earnings Beat, Stock Hits High

By | May 14, 2015

Scalper1 News

Ctrip.com International (CTRP) got upgraded by at least three investment banks Thursday after the company’s Q1 earnings and revenue forecast for the current period blew past analyst estimates. Ctrip stock touched a record high of 76 early Thursday and was up more than 10% in afternoon trading in the stock market today, near 72. Ctrip stock has jumped more than 60% this year. Ctrip is a leading online travel consolidator of hotel and airline ticket Scalper1 News

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