Travelzoo Stock Price Tumbles as Costs Devour Profit

Travelzoo, whose best-known product is a deals newsletter, seemed to be having a good year until it reported its second-quarter earnings on Wednesday. The leaden reality of lower than expected revenues and profits led investors to knock 30 percent off the share price by midday Wednesday, to $13. Economic strength in the company’s key markets … Continue reading Travelzoo Stock Price Tumbles as Costs Devour Profit