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.
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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.
Source: Fool.com