Priceline Outlook Disappoints; TripAdvisor EPS Misses
Online travel stocks crashed Tuesday as a trio of companies posted earnings or gave guidance that lagged Wall Street expectations. Priceline (PCLN) started the damage early Tuesday, issuing disappointing guidance for the current quarter, partly on the currency and travel fallout from the Ukraine crisis. Late Tuesday, TripAdvisor (TRIP) reported third-quarter earnings that missed analyst earnings, while vacation home rental firm HomeAway (AWAY)