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Why Trivago Stock Plunged Today

TheMotleyFool

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Why Trivago Stock Plunged TodayPhoto, wide shot, wide-angle lens, Fashion store, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.theapi.app/temp/4103ce22-87d6-4bef-ba44-0baf5ab280bb.png

Shares of Trivago (NASDAQ: TRVG) were sinking again today after the hotel-booking platform offered underwhelming third-quarter results and issued weak guidance for the fourth quarter. The company also named a new CEO in a surprise announcement.

As a result, the stock was down 20.2% as of 10:52 a.m. EST today.

Image source: Trivago.

Source Fool.com

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