Priceline (PCLN) Down a Hundo in After Hours

By Global Macro Monitor Aug 7, 2012, 1:43 PM Author's Blog  

Take a look at this daily bar (including AH trading) . Glad we’re not drinking there.

Priceline.com (PCLN) has fallen down the elevator shaft, dropping over $100, or about 16 percent,  in after hours after missing earnings and guiding lower.   The market has no mercy.

Just an aside,  today’s weakness in Apple and Google was notable in an up market.  When the generals lag,  we get nervous, or, should we say, more nervous ‘cuz we’re always nervous.

The market feels a bit tired here and couldn’t close near its high again today.

Priceline (PCLN) Down a Hundo in After Hours

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