AFTER THE BELL-Priceline shares jump 3 pct after earnings beat

Thu Nov 6, 2008 10:03pm GMT
 
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NEW YORK, Nov 6 (Reuters) - Shares of online travel agency Priceline.com (PCLN.O) jumped 3 percent to $48.50 in extended trade on Thursday after the company's earnings beat Wall Street forecasts.

Yet the company's posted a lower net profit and forecast a fourth-quarter profit below estimates, citing the economic slowdown.

For details, see [ID:nN06378277]

(Reporting by Deepa Seetharaman)

 

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