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Why Trivago N.V. Stock Plummeted Last Month


Why Trivago N.V. Stock Plummeted Last Month

Shares of Trivago N.V. (NASDAQ: TRVG) tumbled last month after the online travel agency lowered its guidance for the year. As a result, the stock finished September down 30%, according to data from S&P Global Market Intelligence, as growth stocks like Trivago often carry high expectations.

Image source: Getty Images

As you can see from the chart below, nearly all of the stock's decline came when the company issued the updated guidance on September 6.

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Source: Fool.com

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€16.50
0.150%
The TripAdvisor Inc. stock is trending slightly upwards today, with an increase of €0.025 (0.150%) compared to yesterday's price.
Currently there is a rather positive sentiment for TripAdvisor Inc. with 8 Buy predictions and 3 Sell predictions.
As a result the target price of 22 € shows a positive potential of 33.33% compared to the current price of 16.5 € for TripAdvisor Inc..
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