Wall Street Watch Thursday: Kayak Floats Downstream

Date: Aug 23 2012

Filed under: Market News

Kayak
First impressions matter, especially these days when many high profile IPOs are falling out of favor with the same investors that couldn’t wait for these dot-com darlings to go public.

Kayak Software (KYAK) has only been public for a month, but it’s already paddling in the wrong direction.

The travel website that scours the Internet for airline fares, hotel rates, and other getaway essentials posted its first quarterly report as a public company on Wednesday night. It failed to…

Wall Street Watch Thursday: Kayak Floats Downstream originally appeared on DailyFinance.com on 2012-08-23T11:45:00Z.

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