- TripAdvisor, Inc. stock price today and history
TripAdvisor, Inc. (TRIP) stock prices updated...
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TripAdvisor, Inc. stock price
TripAdvisor, Inc. latest news:
TripAdvisor icon can mark where serious incidents are alleged
The site has issued badges to three resorts in Mexico.
Online travel sites getting squeezed by Airbnb, hotel chains
Online travel booking sites Priceline Group (PCLN) and TripAdvisor (TRIP) took a beating from investors on Tuesday, highlighting how the companies' once industry-disrupting model is under growing pressure from other competitors. Shares of TripAdvisor (TRIP) fell 23 percent on Tuesday, while shares in Priceline (PCLN) declined 13.5 percent.
Macy’s, TripAdvisor Plunge into Tuesday’s 52-Week Low Club
TripAdvisor Inc (TRIP) Q3 2017 Earnings Conference Call Transcript
TRIP earnings call for the period ending September 30, 2017.
Why TripAdvisor Stock Got Torched Today
The travel review aggregator sold off after yet another disappointing earnings report.
TripAdvisor plummets more than 10% after earnings
TripAdvisor Inc. shares dropped more than 10% in late trading Monday after the online travel site announced revenue slightly below expectations in a quarterly earnings report. TripAdvisor reported third-quarter net income of $25 million, or 18 cents a share, on revenue of $439 million, up from $421 million a year ago. After adjustments for stock-based compensation and other effects, the company reported earnings of 36 cents a share. Analysts on average expected adjusted earnings of 35 cents a share on sales of $451 million, according to FactSet. While TripAdvisor did not provide revenue guidance in prepared remarks, it did not sound optimistic about an immediate rebound. "Recent partner bidding trends and our re-allocation of dollars away from online channels with
short-term payback will cause click-based and transaction revenue growth to slow further in Q4," the company said. Shares fell lower than TripAdvisor's 52-week low of $35.34 at times in after-hours action following the release of the report, after the stock closed with a 1.7% gain at $39.53. TripAdvisor shares have fallen 14.6% so far this year, as the S&P 500 index has gained 15.6%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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