Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

HomeAway Shares Drop to Record Low on ITG Analyst Report

HomeAway Inc., an online vacation-rental service, tumbled to the lowest since December after ITG Investment Research issued a report expressing concern about the company.

HomeAway fell 6.1 percent to $20.38 at the close in New York. Earlier, the stock touched $19.76, its lowest intraday price since the Austin, Texas-based company sold shares to the public in June 2011 at $27 apiece.

Steve Weinstein, an analyst at ITG in New York, “issued a cautious note on AWAY before the market open this morning based on our proprietary data analysis,” the firm said in an e-mailed statement. ITG spokesman James Farley said the report won’t be provided to the press for a couple of days, and he declined to elaborate on Weinstein’s estimates for HomeAway.

HomeAway said in April that sales this year will rise to $280.4 million to $284.7 million, from $230.2 million in 2011. Adjusted earnings will be $80 million to $82 million. On a conference call at the time, Chief Executive Officer Brian Sharples said that Europe is “still quite a wildcard for us.”

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.