Tag Archives: pcln

Expedia, Priceline Down After Terrorists Attack Paris

Expedia (EXPE), Priceline (PCLN) and other travel stocks were down in afternoon trading today in the wake of the terrorist attacks in Paris on Friday. “There’s always an immediate kind of knee-jerk reaction in the market,” said Douglas Quinby, an analyst at travel market research company Phocuswright. “This is a short-term blip. A lot of these things you have to look long-term and strategically about these things. These are short-term blips, and

LinkedIn Lifts As Top Tech Stocks Fall From New Highs

Top tech stocks edged down with the major indexes that declined about 1% Monday, but IBD 50 stock LinkedIn (LNKD) bucked the trend. It closed up 1.6% at 254.52. The business social network topped expectations in its third-quarter report Oct. 29. Its stock chart shows that it’s nearing a possible 276.28 buy point from a cup base. Google owner Alphabet (GOOGL), Amazon.com (AMZN), Facebook (FB) and Priceline Group (PCLN) all set new highs last week

Priceline Q4 Guidance Disappoints, Stock Sinks

Priceline (PCLN) stock, which hit a record high Thursday, tumbled Monday after the online travel company provided Q4 guidance that missed Wall Street expectations. Early Monday, the company said revenue rose 9.2% from the year-earlier quarter to $3.1 billion, edging the $3.05 billion consensus estimate of analysts polled by Thomson Reuters. Earnings per share minus items rose 14% to $25.35. For Q4, Priceline said it expects EPS of $11.10 to