Priceline's Stock Climbs, Despite Europe Crisis
Priceline.com, the U.S. online travel agency, has seen its stocks rise to near $1,000 — a record it set during the dot-com bubble of the 1990s.
Priceline purchased the Amsterdam-based Booking.com in 2005, and has relied on European hotel reservations for its growth.
This comes despite the tanking economies of some of the biggest European tourist destinations: Portugal, Greece, Ireland and Spain.
- Marty Schenker, executive editor at Bloomberg. He tweets @mschenker.
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