PTs for OpenTable (OPEN -16.1%) are falling post-earnings, thanks to the company's disappointing...
Wednesday, May 2, 2012, 11:56 AM ETPTs for OpenTable (OPEN -16.1%) are falling post-earnings, thanks to the company's disappointing revenue guidance, soft international sales, and weak restaurant adds. BofA (Neutral) is worried OpenTable's tech spending might be too low, but thinks an upcoming re-launch of the company's U.K. service could give it a lift. Benchmark (Buy) notes management has typically been conservative with its outlook.
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