-
Priceline Disappoints In Q2, But Remains Market Leader
Thursday, August 10, 2017 - 10:37am | 358Priceline Group Inc (NASDAQ: PCLN) shares tanked 6.9 percent Wednesday after the company’s second-quarter earnings report fell short of market expectations. However, long-term investors shouldn’t read too much into one disappointing quarter, as Priceline remains the gold standard of...
-
The Week Ahead In The IPO Market
Monday, December 12, 2016 - 3:18pm | 310There are three companies that will see their stocks trade for the first time on a public stock market in the coming week, including: WildHorse Resource Development, to be traded on the NYSE under ticker WRD; Trivago, to be traded under TRVG on the NASDAQ; and TiGenix, also to be traded on the...
-
Ascendiant Thinks Priceline's 10% Selloff Is Unwarranted
Thursday, May 5, 2016 - 10:02am | 326Ascendiant Capital’s Edward Woo believes the 10 percent decline in the share price of Priceline Group Inc (NASDAQ: PCLN) followings its 1Q results was unwarranted, and the share price is likely to recover as the company continued to outperform. The analyst maintains a Buy rating on Priceline...
-
Autoist: The KAYAK Of Car Search And More
Wednesday, July 1, 2015 - 12:14pm | 1030As the Internet has become more specialized and more complex, online aggregators have become all the rage. Sites like KAYAK help travelers find the best hotel room, rental car or airline flight at the best price by searching many sites all at once. Thanks to companies like Autoist, the same...
-
Why Is IBM Investing In An Advance Online Travel Company Shopping App
Tuesday, May 19, 2015 - 3:19pm | 373International Business Machines Corp. (NYSE: IBM) on Tuesday announced a $5 million (Series A funding) investment in WayBlazer. The company noted in a press release that the investments are part of the company's $100 million commitment to "drive new innovations and business solutions...
-
RBC Downgrades TripAdvisor, Prefers Other Names In Online Travel Space
Tuesday, May 5, 2015 - 12:08pm | 334In a report published Monday, RBC Capital Markets analyst Mark Mahaney downgraded shares of Tripadvisor Inc (NASDAQ: TRIP) to Sector Perform from Outperform with an unchanged $91 price target due to a preference in other names within the online travel space and other risks associated with the...
-
KAYAK, Palo Alto Networks Surge on First Day of Trading; Fender Withdraws Chance
Friday, July 20, 2012 - 1:52pm | 271Both of Friday's IPOs for KAYAK (NASDAQ: KYAK) and Palo Alto Networks (NYSE: PANW) saw shares open higher than originally priced. Yesterday, KAYAK priced 3.5 million shares of Class A common stock at $26.00 per share. Friday, shares opened at about $30.49 per share, an increase of 17 percent. At...
-
Kayak's Birge: 'We Don't Want Google to Have Control' (GOOG)
Thursday, November 11, 2010 - 12:32pm | 131It's no secret that travel sites are against Google Inc.'s (NASDAQ: GOOG) plans to purchase ITA Software Inc., which produces software for the travel industry. Today, Robert Birge, Kayak's Chief Marketing Officer, spoke to CNBC about the dilemma. “We don't want Google to have control over a...