Two More Dotcom Stocks Are Crashing After Hours
It's just a total bloodbath in the world of tech stocks.
After Twitter closed down a whopping 17.8% today, Zulily and Tripadvisor are crashing after announcing Q1 financial results.
Zulily - the deals website for moms - just reported a Q1 net loss of $0.02 per share. Analysts were looking for a breakeven quarter. The stock is down a whopping 19% in after-hours trading.
Here's the chart from MarketWatch:
MarketWatch
TripAdvisor - the online travel research site - just announced Q1 earnings of $0.54 per share, which was in line with expectations. But revenue was light coming in at $281 million versus the expectation for $283 million. The stock is down 17%.
MarketWatch