HomeAway Shares Tumble ~5% as Lazard Notes Market's Very Bullish Estimates for Pay-Per-Booking Model
July 10, 2013 at 15:58 PM EDT
Traders in shares of HomeAway (NASDAQ: AWAY ) are (partly) attributing a 5 percent move lower in the stock Wednesday to some concerns from Lazard Capital Market's Jake Fuller. The analyst believes the latest sales models for HomeAway's pay-per-booking platform are lofty. Fuller is currently expecting around $27 million