What Priceline’s Low Q4 Guidance Means for Investors
After Priceline’s surprisingly optimistic Q3 guidance and high performance, this quarter’s more conservative guidance shocked Wall Street, leading to a 9% drop in stock price overnight.
On this video segment, Motley Fool’s Chris Hill, Jason Moser, and Taylor Muckerman explain some of the larger context around the global travel industry, how it affected Priceline’s Q4 guidance, how the sudden dip fits into the company’s long-term growth, and how investors should look at the event.
This podcast was recorded on 11/9/2015.