The Traderszone Network

Published in TZ Latest News 24 June, 2016 by The TZ Newswire Staff

Why Priceline Group Inc Shares Tumbled Today

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Image Source: Priceline Group.

What: Like much of the market, shares of Priceline Group, Inc. (NASDAQ: PCLN) were thrown off track today, finishing down 11.4% on fears of the Brexit. Much of the travel industry was falling today because it’s highly correlated with the overall economy; but Priceline was getting particularly hammered due to its exposure to Europe.

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