Priceline Group Roars To New All Time High

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The Priceline Gorup Inc.
PCLN
shares are trading higher by $60.50 at $1426.99 in Monday's session. After a higher open, it retreated only $0.51 to $1374.49 before continuing higher. It has went on to surpass its former all time high ($1395) that was made in August by a wide margin reaching $1429.86 so far. Today's rally is taking place on heavier than average volume as 537K shares have traded compared to its 20 day average of 590k with less than three hours remaining.
Joel Elconin is the co-host of Benzinga;s #PreMarket Prep, a daily trading idea radio show.
Posted In: TechnicalsIntraday UpdateMoversTrading Ideas
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