Priceline shares tumble as profit forecast misses Street view

Priceline shares tumble as profit forecast misses Street view

7 years ago
Anonymous $ZOEEBQ1zf0

https://www.reuters.com/article/us-priceline-group-outlook-stocks/priceline-shares-tumble-as-profit-forecast-misses-street-view-idUSKBN1D724U

Shares of Priceline Group Inc fell 10 percent in early trading on Tuesday after the U.S. online travel service provider forecast fourth-quarter profit sharply below Street expectations, as it spends heavily to expand advertising its Booking.com to 18 more countries.

Priceline shares tumble as profit forecast misses Street view

Nov 7, 2017, 4:31pm UTC
https://www.reuters.com/article/us-priceline-group-outlook-stocks/priceline-shares-tumble-as-profit-forecast-misses-street-view-idUSKBN1D724U >Shares of Priceline Group Inc fell 10 percent in early trading on Tuesday after the U.S. online travel service provider forecast fourth-quarter profit sharply below Street expectations, as it spends heavily to expand advertising its Booking.com to 18 more countries.