Seeking Alpha

Travelzoo adds to losses as Street mulls executive shakeup

  • Aided by a big tech selloff, Travelzoo (TZOO -3.6%) has fallen nearly 10% since announcing this week local deals chief Mark Webb is leaving at month's end, and that ex-Yahoo exec David White has been hired to run the company's travel search ops.
  • Travelzoo says the changes are due to "continued weakness in the company's local voucher sales and declining search revenues." Shares are close to a 52-week low of $19.16.
Comments (1)
  • AlphaRat
    , contributor
    Comments (34) | Send Message
     
    Ship sailing with mutiny on board. No leader yet. Wait till someone is at the helm of tzoo before going on board this vessel ?
    11 Apr, 04:42 PM Reply Like
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