Qunar Stock Continues Losing Value in November



Qunar stock is flat

In November 2016, Qunar (QUNR) stock has been approximately flat at 0.34%. The stock has seen a significant downtrend in 2016 after a run up in 4Q15 due to a majority stake acquisition by Ctrip.com (CTRP). The downfall in 2016 was due to trouble with big Chinese airlines including China Eastern Airlines (CEA) and China Southern Airlines (ZNH).

Ctrip.com stock has lost 5% in the same period. The leading OTA player in the US, Priceline (PCLN), has risen 4%, while Expedia (EXPE) has lost 1.3%. TripAdvisor (TRIP) is down 20.4% due to doubts about whether the company can really make the instant booking platform a success.

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YTD performance

Qunar stock has lost 31.9% year-to-date (or YTD). TripAdvisor (TRIP) is down by 39.9%. In contrast, stable growth in earnings has led to a 20.4% increase in the Priceline stock YTD. Ctrip.com is down by 9.6% and EXPE stock is up by about 2.6%. The broader market, tracked by the S&P 500 ETF (SPY), was up 8% in the same period.

Series overview

In the next few articles, we’ll discuss analyst estimates and what led to these estimates to help investors judge if analysts are being optimistic or conservative about the stock. We’ll also help you understand what may be priced into the stock.


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