Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Chinese travel agency Ctrip.com
So what: Ctrip.com wasn't the only stock in its sector to trade down today. Shares of Expedia
Now what: Prior to today's plunge, Ctrip shares were up more than 22% year to date, and the company was recently added to the Nasdaq 100. However, the company's shares are down more than 25% since the beginning of November. Watch for the stock to make more big moves based on the outlook for the global economy and air travel.
Interested in more info on Ctrip? Add it to your watchlist.