Tag Archives: pcln

Priceline: Ahead Of Q3 Earnings, No Bid For HomeAway

Priceline (PCLN) says ahead of its Q3 earnings report that it isn’t going to bid for HomeAway (AWAY), according to published reports, after Expedia (EXPE) on Wednesday announced plans to acquire HomeAway. Though as an industry leader it’s been a top candidate to put in a competing bid, Priceline has also been an unlikely candidate due to its current vacation rental business, which generated $7 billion in bookings this year, according to Cowen &

Expedia At Record High, Even As Airbnb Nips At Heels

Expedia (EXPE) is an elephant with a mosquito on its back: Airbnb. Online travel juggernaut Expedia posted mixed earnings late Thursday, but executives foresaw better-than-expected efficiencies from the Orbitz merger, and Expedia stock soared to an all-time high Friday above 139. Yet, alternative-lodgings company Airbnb is nipping at the heels of online booking companies such as Expedia and Priceline (PCLN). “Expedia has been an improving

Amazon, Alphabet, Priceline Are Bolting Past Market

Amazon (AMZN) and Google parent Alphabet (GOOGL) have been outrunning the overall market, sitting near new highs ahead of their earnings Thursday. Priceline (PCLN) is also part of IBD’s Bolting RS Lines Screen of the Day. The relative price strength line gauges a stock’s performance vs. the S&P 500. It’s a good way to separate the true leaders in a stock market, good or bad. An RS line hitting a new high is bullish, especially when it comes before