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Stock Market & Financial Investment News

News Breaks
January 13, 2014
06:16 EDTQUNR, CTRPCtrip.com price target lowered to $42 from $56 at Piper Jaffray
Piper Jaffray lowered its price target for Ctrip.com (CTRP) shares to $42 citing the "intensely" promotional and competitive Chinese travel environment. Piper notes shares are down 20% since competitor Qunar (QUNR) announced on January 3 that it has the number one mobile app for air-ticket booking. The firm keeps a Neutral rating on shares of Ctrip.
News For CTRP;QUNR From The Last 14 Days
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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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