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Priceline.com Inc. (PCLN) Is Heading Higher After Offering Announcement

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

priceline.com Inc. (PCLN) announced after the close Wednesday that it intends to offer up to $1 billion principal amount of Convertible Senior Notes due 2020 through a private offering. The stock is now up 8.23 on 18K shares.

priceline.com gapped open lower Wednesday, but traded in a range for the majority of the session. Shares finished down by 12.06 at $792.27. The stock closed testing the lower end of a 2-week range at the highs of the year.

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