Volume Spike Investor

Priceline.com Incorporated (NASDAQ: PCLN) rose in last nights after-hours after beating its earnings targets and raising guidance.  This traded over 1 million shares in the after-hours session last night and went out at $187.90 after a $173.73 closing bell.  This morning shares are up 9.4% from the close at $190.10 on almost 30,000 shares as of 8:08 AM EST and we’d look for a significant volume increase here throughout the morning compared to an average of only about 1.1 million shares.  This is a 52-week high at anything above $182.32, and it is a multi-year high since the tech bubble pop in 2000 and 2001.

JON OGG