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Are Ticketed Restaurant Reservations About To Go Mainstream?
Monday, June 9, 2014 - 2:22pm | 661Read More...OpenTable (NASDAQ: OPEN) all but owns the online restaurant reservation space. That could change if Nick Kokonas has his way. Kokonas, a former derivatives trader, in 2011 came up with a unique restaurant-friendly dining out approach based on ticketed reservations. Moreover, the system may be...
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eBay, Groupon And Yelp See Rising Short Interest
Wednesday, May 28, 2014 - 3:45pm | 868Read More...Among U.S.-based internet companies, eBay (NASDAQ: EBAY), Groupon (NASDAQ: GRPN) and Yelp (NYSE: YELP) saw the largest upswings in short interest in early May. The number of shares short in Google(A shares), LinkedIn and Pandora Media grew more moderately between the April 30 and May 15...
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Market Wrap For May 13: Markets Close Again At Record Highs
Tuesday, May 13, 2014 - 4:36pm | 2460Read More...U.S. stocks were mixed as a positive measurement of small business sentiment offset a disappointing retail data set. Following Monday's action, the S&P 500 and Dow indices not only traded at new historical-all time highs, but closed at record highs. In fact, the S&P 500 briefly traded...
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OpenTable CEO To CNBC: You Come Because It Is The Best Solution
Tuesday, May 13, 2014 - 12:03pm | 354Read More...OpenTable (NASDAQ: OPEN) CEO Matthew Roberts stopped by CNBC on Tuesday Morning, where he said, "you come to OpenTable because it is the best solution." Yelp (NYSE: YELP) acquired SeatMe in 2013 to directly challenge OpenTable. Yelp announced on Tuesday morning that restaurants who have claimed...
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6 Apps For Foodies
Monday, May 5, 2014 - 1:25pm | 159Read More...Writer and filmmaker Anna Thomas once said that, since "we all eat," it would be a "sad waste of opportunity to eat badly." If you feel the same way, you might want to peruse this slideshow of foodie apps. The list includes familiar apps from Google (NASDAQ: GOOG) and OpenTable (NASDAQ: OPEN...
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Social Media Stocks Getting Hammered
Monday, April 7, 2014 - 8:54am | 567Read More...In case you haven’t noticed, it’s a bad time to be a social media investor. Look at some of these stats: Facebook (NASDAQ: FB): Down 4.6 percent Friday, indicated another one percent lower Monday, and down 18 percent in the past month. LinkedIn- Down 6.3 percent Friday and 20 percent in the...
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Groupon Acquires Blink To Enhance Groupon Getaways (GRPN)
Monday, September 9, 2013 - 10:34am | 449Read More...Groupon (NASDAQ: GRPN) has acquired Blink, a last-minute travel app available in eight European countries. Terms of the deal were not disclosed, but Groupon did reveal that it plans to use Blink to enhance the existing services from Groupon Getaways. "We are very excited to welcome the Blink team...
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Pittsburgh Startup NoWait Could Overtake OpenTable's Volume In 2014
Tuesday, August 20, 2013 - 4:17pm | 792Read More...OpenTable (NASDAQ: OPEN) might have to relinquish its title as the leading restaurant reservation service. In addition to the rising threat of direct competitors, there are also a number of companies that are attempting to serve markets that OpenTable cannot reach. One of them is NoWait, a...
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SLIDESHOW: iPhone 5S To Break Records, PlayStation TV Deal And More From The Third Week Of August
Saturday, August 17, 2013 - 11:47am | 220Read More...Surprise, surprise -- Apple (NASDAQ: AAPL) just dominated another week of massive headlines. Between the iOS 7 Gold Master and one analyst's proclamation that the iPhone 5S would be produce the firm's biggest product launch, Apple news has been a hot commodity this week. Sony (NYSE: SNE) made...
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Facebook's OpenTable Integration Could Raise Social Traffic (FB, OPEN)
Tuesday, August 13, 2013 - 8:32am | 666Read More...OpenTable (NASDAQ: OPEN) closed up 7.66 percent Monday afternoon after the company announced a new partnership with Facebook (NASDAQ: FB). According to TechCrunch, Facebook users will now be able to book reservations from the Facebook pages of 20,000 different restaurants in North America. This...
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OpenTable Trading Higher as Morgan Stanley Takes 5.9% Passive Stake
Friday, November 4, 2011 - 1:38pm | 571Read More...OpenTable (NASDAQ: OPEN) is up 2% this afternoon on the news that Morgan Stanley has taken a 5.9% passive stake in the company. This is good news for the restaurant reservations site, which has been struggling (and failing) to maintain its share price over the past few months. After achieving an...
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Google Gains "World-Class" Team in Zagat Acquisition, Zagat Gains Opportunity to "Greatly Expand"
Thursday, September 8, 2011 - 12:42pm | 727Read More...Google continues to explore the world of local commerce with one of its most intriguing acquisitions yet. The news has been spreading like wildfire: Google (NASDAQ: GOOG) has purchased the leading provider of consumer survey-based information on where to eat, drink, stay and play worldwide, Zagat...
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UPDATE: Citi Upgrades Rating for OpenTable from Hold to Buy
Wednesday, August 10, 2011 - 8:43am | 131Read More...Citi has published a report on OpenTable (NASDAQ: OPEN) Upgrading the company from Hold to Buy. In the report, Citi wrote, "Post a 50% correction since April, OPEN shares have reached an attractive entry point. Investors can now buy OPEN at a discount to its North America value, with a free call...
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Benchmark Maintains Hold on OpenTable
Tuesday, June 7, 2011 - 8:35am | 80Read More...Benchmark is out with its report today on OpenTable (NASDAQ: OPEN), maintaining Hold. In a note to clients, Benchmark writes, "OpenTable's Spotlight deals service continues to slow and chatter about possible competition for the core reservation service has heightened. But nothing concrete has...
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Why LinkedIn Will Be a $25 Billion Company in 5 Years
Thursday, May 19, 2011 - 12:21pm | 1018Read More...By Conor Sen A wise man once said, "All you have is your name and your word." Indeed. That, in a nutshell, is LinkedIn's economic proposition. Professor Pinch and I have written a lot about the emerging data economy and how it represents the next phase of disruptive change for the Internet. One...
