Closing CTRP vs EXPE
Quick post to confirm that I will be closing out the trade on CTRP vs EXPE, as it has a +22,30% return as of today’s close. This is because of CTRP’s earnings announcements that surprised analysts to the upside. Income from operations is up 87% on revenues that increased 40%. Quite impressive from the online Chinese travel company and that was enough for shares to jump today while Expedia remained steady.
Other trades remained fairly stable:
AAPL-INTC +7,94%
GOOG-IACI +8,49%
BIDU-AMZN +4,64%
All for now! A new trade should be coming on Monday.
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