OPENTABLE: Another Momentum High-Flyer Becomes A Nightmare

This is the quarter of death for the erstwhile momentum highflyers: Netflix, GreenMountain, SodaStream, Amazon, and so on. They’ve all crumbled.

And the latest: OpenTable.

EPS of $.30 came in line, but net revenue of $34.4 million came in a bit shy of estimates of around $35 million.

Of course, the stock has already been a big dog this year, falling heavily, including another 7% decline today.


The stock is off another 10% after hours.

The nightmare continues.

For more on what OpenTable is, see here >

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