Can Trivago Stock Bounce Back After Last Week's 29% Drop?

Can Trivago Stock Bounce Back After Last Week's 29% Drop?

The stock that had been one of hottest IPOs over the past year was last week's biggest loser on the Nasdaq exchange. Shares of Trivago (NASDAQ: TRVG) plunged 29.4% last week, sliding after the company hosed down its full-year outlook. 

Weaker-than-expected revenue per qualified referral (RPQR) is weighing on its guidance. The online lodging specialist now expects adjusted EBITDA to remain positive but clock in lower than a year earlier. Trivago now sees revenue growth of roughly 40%, down from its earlier target of 50%. 

Image source: Trivago.

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Source: Fool.com