Technically, the stock has been basing since April - consolidating a massive move from the prior few years. As always, the longer the base, the bigger the move once it breaks out. The only question is direction.
Full report here.
- Priceline predicted fourth-quarter earnings of $4.90 to $5.00 per share, which is below analysts' average forecast for $5.13. .
- Priceline predicted a year-over-year increase in travel bookings of 39 percent to 44 percent for the fourth quarter.
EDIT 4:23 PM - stock is already back to flat as bargain hunters jump in.