Long story short: It's Priceline not Qualcomm at $1,000 a share

|About: The Priceline Group Inc. (PCLN)|By:, SA News Editor

Priceline (PCLN +0.1%) became the 9th publicly-traded company in the U.S. to trade in quadruple digits yesterday when it closed at $1,000.62. It's a level of rarefied air the stock is maintaining today.

The company is the only tech concern on the list, although Qualcomm was the recipient of a bubble-marking $1,000 price target from Paine Webber in a different era.

The most recent momentum from Priceline has been spurred in part by solid growth at Booking.com and Agoda.com.