Qunar Stock Jumps On Q4 Beat, Mobile Growth

By | March 17, 2015

Scalper1 News

Chinese travel website Qunar (QUNR) was up 10% in early afternoon trading Tuesday, at an 11-month high, after its Q4 earnings late Monday beat Wall Street estimates. Qunar’s revenue doubled over the year-earlier quarter to $83.8 million, beating analysts’ consensus by about $4 million, according to Thomson Reuters. The firm continued to lose money to the tune of 40 cents a share, but that was 4 cents better than analysts expected. For the year, Scalper1 News

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