• Priceline pulled down by Airbnb
Shares in The Priceline Group fell by 5% after Goldman Sachs downgraded the company from ‘buy’ to ‘neutral’. The investment bank cited “the growth of alternative accommodations like Airbnb” as one of the reasons behind its decision. Goldman Sachs analyst Heath Terry wrote: “While we continue to believe Priceline is the best positioned given its
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