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StumbleLV firm’s stock up on deal with hotel giant
Friday, June 2, 2000 | 11:05 a.m.
The stock of PurchasePro.com Inc. of Las Vegas advanced again this morning on news of PurchasePro's deal with Hilton Hotels Corp. to establish a hospitality procurement network for Hilton's hotels.
Hilton and PurchasePro are also establishing what the companies call the industry's largest purchasing exchange.
PurchasePro gained $1.81 Thursday and was up another $1.81 this morning to $24.87. The stock, however, is well off its 52-week high of $175.
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