Priceline… what are they doing right?

Image

I was looking @ some stock prices in Google finance and noticed this anomaly in travel agency stock prices; while PCLN is @ around $1200, the rest of them are all under $1oo, some of them single digits. Some of this could be explained by their 1 to 6 reverse stock split, but that cannot explain the price of $1200. Market cap for PCLN is $62B- that is a big # for a travel company. Any explanation on what they are doing right?

Advertisements

, , , , , , , , ,

  1. Leave a comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: