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Ctrip.com (CTRP -14.1%) is off sharply after Oppenheimer states a Ctrip exec disclosed the...
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Friday, January 25, 11:57 AM ETCtrip.com (CTRP -14.1%) is off sharply after Oppenheimer states a Ctrip exec disclosed the company's coupon program will extend to plane tickets. The firm sees this as evidence Chinese online travel firms remain mired in a price war. Ctrip's rally over the last 6 months had in large part been fueled by optimism industry price competition was cooling off.
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