Ctrip.com International (CTRP) reported first quarter adjusted earnings of $0.30 per ADS after the close Wednesday, down from $0.32 per ADS last year. The consensus estimate was for EPS of $0.12.
Ctrip.com International gapped up sharply Thursday and has taken out the highs of the morning in the last few minutes. The stock is now up 4.45 at $28.25 and has jumped to a new high for the year.
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