Travelocity Up on Analyst's Note
Online travel service Travelocity (TVLY) was up 16.5% in early trading after positive comments from Prudential Securities analyst Mark Rowen.
In a research note, Rowen said the recent drop in the stock price created a buying opportunity. Rowen said the company's fundamentals appear sound and that the current price opportunity "more than compensates" for the risks, including a possible further loss of market share to competitor
Expedia
(EXPE) - Get Report
. Expedia was up 0.5%.
Loading ...