Shares of travel booking website TripAdvisor (NASDAQ: TRIP) fell as much as 5.5% on Friday. The stock is down 4.6% at the time of this writing. Without any new and notable SEC filings, press releases, or analyst notes, the stock doesn't appear to be trading lower for any specific reason. Sometimes stocks simply make meaningful moves without any particular reason -- and this could be the case on Friday.
Some shareholders could be reevaluating their position in TripAdvisor ahead of earnings season. On Thursday, TripAdvisor announced the date for its third-quarter earnings release and conference call. The earnings report will take place on Nov. 7 at 8:30 am ET.
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Source: Fool.com