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. Aktie
12,29 €
-0,85 %
Leichtes Kaufinteresse bei TripAdvisor Inc., mit mehr Buy- als Sell-Einschätzungen.
Trotz eines Kursziels von 12 €, das unter 12.29 € liegt, ergibt sich für TripAdvisor Inc. ein negatives Potenzial von -2.32%.
