Why Trivago N.V. Stock Got Grounded Today

Shares of Trivago N.V. (NASDAQ: TRVG) were taking a dive today after the hotel-booking platform offered disappointing guidance in its third-quarter earnings report. The stock was down 20.2% as of 12:19 p.m. EDT.

Trivago actually beat estimates on top and bottom lines, but lower guidance for the full year likely prompted the sell-off.

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Source: Fool.com