TripAdvisor’s Turnaround Gets Tripped Up
Coming into TripAdvisor's (NASDAQ: TRIP) recent earnings report, investors were hoping to see some incremental progress from the company's hotel segment. That side of TripAdvisor's business has largely been responsible for the company's stagnant revenue growth over the past couple of years but had begun to show some improvement in 2017.
However, as third-quarter results made clear, the hotel segment is still struggling to turn eyeballs into revenue, and things aren't likely to get better anytime soon.
Image source: Getty Images
Source: Fool.com
TripAdvisor Inc. Stock
€16.50
0.150%
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With a target price of 22 € there is a positive potential of 33.33% for TripAdvisor Inc. compared to the current price of 16.5 €.
