Priceline Growth Is Slowing, FBR Capital Markets Says

By | December 2, 2014

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Priceline Group (PCLN) stock fell Tuesday after FBR Capital Markets downgraded the online travel agency to market perform from outperform on signs of slowing growth. Priceline shares were down 1.5% to near 1,136 in afternoon trading on the stock market today. “Priceline remains a global leader with a solid competitive position in a category with appealing secular prospects,” FBR analyst Jake Fuller wrote in a report. “But it appears to be entering Scalper1 News

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