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Travelzoo (TZOO) +28% to a six-year high of $94.50 after an eye-catching Q1, with revenue up 30%...
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Thursday, April 21, 2011, 3:50 PM ETTravelzoo (TZOO) +28% to a six-year high of $94.50 after an eye-catching Q1, with revenue up 30% to $37M (consensus $33M), and EPS of $0.37 (vs. $0.28). Shares have more than doubled YTD - thanks to Groupon, LivingSocial, etc. - and now change hands at about 78x 2011 earnings - nosebleed level for most investors.
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