British Web travel stocks spur Euro ADR rally: "Online travel agents EBookers and LastMinute.com on Monday paced a broad-based rally in U.S.-listed shares of European companies.
Ebookers (EBKR: news, chart, profile) led all percentage advancers with a 13 percent gain to close at $5.10. The company said revenue rose 12 percent on a US GAAP basis to 15.8 million pounds due to "performance-related incentive payments" from airlines.
Fellow London-based travel agent LastMinute.com (LMIN: news, chart, profile) saw similar movement from its stock, which closed up $1.17, or 13 percent, at $10.33.
Still, both companies year-to-date are down 65 percent and 50 percent, respectively.
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