Why TripAdvisor Stock Got Torched Today
Tripadvisor Inc (NASDAQ: TRIP) was having another bad trip as the stock tumbled today following an underwhelming third-quarter earnings report. Shares were down 17.9% as of 10:56 a.m. EST.
The travel recommendation specialist suffered from continuing challenges in its hotel segment, its biggest category, as it struggles to transition from desktop to mobile ads and deals with a decision by Priceline Group (NASDAQ: PCLN), the world's biggest online travel agency, to move away from partnering with sites like TripAdvisor.
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Source: Fool.com
TripAdvisor Inc. Stock
€13.12
0.270%
Our community is currently high on TripAdvisor Inc. with 10 Buy predictions and 4 Sell predictions.
With a target price of 22 € there is a hugely positive potential of 67.75% for TripAdvisor Inc. compared to the current price of 13.12 €.
