Priceline Group Stock Crosses the Wrong Side of $1,000 Per Share
Skift Take
A crack in the armor? Priceline's stock-price drop to below the $1,000 per share threshold is connected to European currency woes and is largely symbolic. It doesn't signal the immediate prospect for a prolonged decline.
The Priceline Group's stock price fell below $1,000 per share for the first time since October 2013, based on its heavy exposure to Europe.
The stock, which was trading as high as $1,378.96 in the last 52 weeks, fell 3.61 percent, or $37.42 per sha
