priceline.com Drops 26% on Earnings Shortfall - TheStreet

priceline.com

(PCLN)

fell 26.3% in preopen

Island

trading after it said third-quarter revenue would be $340 to $345 million, below previous estimates of $360 to $380 million. priceline.com cited a shortfall in airline ticket sales. The company said that before items, its third-quarter loss would be 1 cent per share, the same as the second quarter's.