Scalper1 News
Ctrip International (CTRP) and Qunar Cayman Islands (QUNR), leaders in China’s burgeoning online travel industry, took a beating Thursday, with one analyst saying the cost of the pair’s expansion plans might worry investors. Ctrip.com stock was down 10% in afternoon trading Thursday, while Qunar stock plunged 15% in the stock market today. Baidu (BIDU), which owns a majority of Qunar, fell more than 3%. Expansion into new areas for both companies Scalper1 News
Scalper1 News