Trader Radar - Friday Mar. 7th
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. In response to Priceline.com and Expedia, this company was founded by five of the major airlines in 2003. After being bought and sold numerous times, this internet travel site was taken public by Blackstone last year. The site has experienced some unexpected turbulence since its launch dropping today on weak domestic sales. Who is it?
A: On the trader radar tonight, we watching Orbitz. Shares of this travel site dropped on three times its average daily volume.