Priceline Lower Over European Travel Fears

Priceline Group Inc PCLN shares are trading lower by $35 at $1325.51 in Tuesday's session. Investors are concerned that the terrorist attack in Brussels may put a crimp in travel to Europe, where the company derives a good portion of its business.

In a choppy session, it has found resistance ahead of the lower-end of Monday's range ($1333.36), only reaching $1328.15. Its mid-day swoon found support at $1306 and has provided a bounce to the mid-$1315 handle. The current lows marks the lowest level for the issue since it bottomed at $1300.60 on March 11.

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