Filed under: Stocks to Buy
OpenTable (OPEN) is the largest provider of free and real-time online restaurant reservations for diners in the U.S. It competes with Urbanspoon, owned by IAC/InterActiveCorp (IACI) and other UK-based companies like liveRES Ltd and Livebookings Ltd.
OpenTable's share price has grown nearly three-fold from a roughly $30 value following its IPO in May 2009. The stock's current market price stands around $85. The stock price actually breached $95 earlier this month, soon after the company declared better-than-expected earnings for the fourth quarter of 2010.
Continue reading Upside and Downside Scenarios for OpenTable
Upside and Downside Scenarios for OpenTable originally appeared on BloggingStocks on Sat, 05 Mar 2011 14:00:00 EST. Please see our terms for use of feeds.
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