Why TripAdvisor Stock Dropped Today

Shares of TripAdvisor (NASDAQ: TRIP) fell as the travel-recommendation company revealed its first-quarter results and management shared its thoughts on the future during a very challenging time for the travel industry . Though the company posted a profit in the quarter, that was not enough to persuade investors to return to the stock, as the company's financial performance is being deeply impacted by the COVID-19 pandemic.

As a result, the stock closed down 4.3%.

Image source: Getty Images.

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Source Fool.com