Market Overview

Priceline Makes New All-Time High

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Priceline Group Inc (NASDAQ: PCLN) shares are trading higher by $16.00 (0.8 percent) at $1,945.15 in Wednesday's session.

The is no specific news on the stock to account for the rally. Most likely, it's moving in sympathy with the rally in the broad market.

After an open above its former all-time high that was made Monday at $1,936.22, it drifted back towards that area but found support ahead of it at $1,937. The ensuing rally took the stock all the way to $1,947.16, but has pared some of those gains.

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