Shares of Trivago (NASDAQ: TRVG) soared 11.6% on Monday, defying both the broader market's decline (with the S&P 500 down around 0.9% today), and a lack of company specific news.

To be sure, there were no new press releases, industry developments, analyst notes, or Securities and Exchange Commission filings that might otherwise spur such a pop. But it helps that Trivago closed Friday at a fresh all-time low, with its losses most recently amplified last month by a combination of its weaker-than-expected quarterly earnings and the surprise replacement of its CEO. 

Image source: Getty Images.

Continue reading


Source Fool.com