Seeking Alpha

Investors are losing their appetite for restaurant reservation service OpenTable (OPEN -1.6%),...

Investors are losing their appetite for restaurant reservation service OpenTable (OPEN -1.6%), whose shares have shed 67% since April amid a continued slow economy and competition from newer, cheaper services. Yet shares are still “lofty” considering that OPEN hasn’t yet proved it has a plan to maintain its market leadership, a Morgan Keegan analyst says.
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