Posts Tagged nasdaq

Priceline… what are they doing right?

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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?

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