Online travel agent Priceline.com (Nasdaq: PCLN) ended the quiet period after its initial public offering with a thunderous roar on Monday that dazzled Wall Street. Priceline.com, which allows customers to name their price for travel arrangements, announced that more than one million users have tried their services in the company’s first year of operation, with 300,000 new consumers using the services each quarter.
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Priceline.com Flies High
Posted by: Andy Wang April 27, 1999 12:00 AMOnline travel agent Priceline.com (Nasdaq: PCLN) ended the quiet period after its initial public offering with a thunderous roar on Monday that dazzled Wall Street. Priceline.com, which allows customers to name their price for travel arrangements, announced that more than one million users have tried their services in the company’s first year of operation, with 300,000 new consumers using the services each quarter.