TCOM Stock Recent News

Trip.com (TCOM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

SINGAPORE , June 7, 2024 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours, and corporate travel management, today announced the completion of its offering (the "Notes Offering") of US$1.5 billion in aggregate principal amount of convertible senior notes due 2029 (the "Notes"), including the initial purchasers' full exercise of option to purchase an additional US$200 million in aggregate principal amount of the Notes. The Notes have been offered to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act").

Trip.com (TCOM) possesses solid growth attributes, which could help it handily outperform the market.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

SINGAPORE , June 4, 2024 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours, and corporate travel management, today announced the pricing of its previously announced offering (the "Notes Offering") of US$1.3 billion in aggregate principal amount of convertible senior notes due 2029 (the "Notes"). The Notes have been offered to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act").

While the phenomenon known as revenge travel has faded, investors should still consider the bullish case for travel stocks. Right now, the U.S. dollar enjoys a strength relative to many other international currencies.

SINGAPORE , June 4, 2024 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours, and corporate travel management, today announced the proposed offering (the "Notes Offering") of US$1.3 billion in aggregate principal amount of convertible senior notes due 2029 (the "Notes"), subject to market conditions and other factors, only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The Company intends to grant the initial purchasers in the Notes Offering an option to purchase up to an additional US$200 million principal amount of the Notes, exercisable for settlement within a 13-day period beginning on, and including, the date on which the Notes are first issued.

Trip.com Group CEO Jane Sun discusses when she thinks full recovery of Chinese outbound tourism to pre-Covid levels will happen. She speaks with Haslinda Amin on "Bloomberg Markets: Asia.

Trip.com Group Limited (NASDAQ:TCOM ) Q1 2024 Results Conference Call May 20, 2024 8:00 PM ET Company Participants Michelle Qi - Senior IR Director James Liang - Executive Chairman Jane Sun - CEO Cindy Wang - CFO Conference Call Participants Brian Gong - Citi Thomas Chong - Jefferies Joyce Ju - Bank of America James Lee - Mizuho Alex Poon - Morgan Stanley Jiong Shao - Barclays Alex Yao - JPMorgan Simon Cheung - Goldman Sachs Operator Good day, and thank you for standing by. Welcome to the Trip.com Group 2024 Q1 Earnings Conference Call.

Trip.com Group's (TCOM) first-quarter 2024 results portray impressive contributions from its reportable businesses thanks to seasonal demand trends, along with stabilized supply and further relaxation of visa requirements.