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Stock Market & Financial Investment News

News Breaks
November 16, 2012
07:13 EDTCTRP, LONGCtrip.com losing more market share to eLong, says Citigroup
Citigroup said eLong's (LONG) Q3 results show the company's hotel booking volume grew at 70% and revenue increased 24%, topping Ctrip.com's 40% volume and 11% revenue growth in the quarter. Citi believes Ctrip is losing market share to eLong and that eLong will not stop its coupon program. The firm reiterates a Sell rating on shares of Ctrip.com.
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July 25, 2014
14:14 EDTCTRPCtrip.com August weekly volatility elevated into Q2 and outlook
Ctrip.com August weekly call option implied volatility is at 81, August is at 44, September is at 46, January is at 44; compared to its 26-week average of 50 according to Track Data, suggesting large near term price movement into the expected release of Q2 results on July 29.

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