TRIP Stock Recent News
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Activist Starboard Value has several levers available to improve shareholder value at Tripadvisor.
TripAdvisor (TRIP) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Live Updates Live Coverage Updates appear automatically as they are published. Apple Stock Bump 11:10 am by Gerelyn Terzo Bank of America analysts have reaffirmed their “buy” rating on Apple (Nasdaq: AAPL) stock, pointing to the App Store results as a positive catalyst. Earlier this week, Jefferies analysts lifted their outlook on Apple shares to “hold” from “underperform.” Apple stock is up 0.78% today but is down 14% year-to-date. Fed in Focus 9:58 am by Gerelyn Terzo With today’s strong jobs data, indicating a healthy economy, Wall Street analysts are predicting what to expect when Fed policymakers convene next. Here’s a roundup of some of the commentary: BMO’s Ian Lyngen remarked, “Overall, it was a strong set of data that implies the Fed will remain on hold later this month, leaving rate cut expectations focused on the September FOMC meeting.” Mutual of America Capital Management CEO Joe Gaffoglio wrote, “The June jobs re
Here's how Tripadvisor's stock valuation stacks up with rivals such Expedia, Booking and Airbnb.
Tripadvisor stock (NASDAQ: TRIP) surged 8% on July 2 — significantly surpassing the S&P 500's modest 0.47% increase — after activist investor Starboard Value revealed a stake exceeding 9% in the online travel company. The approximately $160 million investment caused shares to climb another 7% in after-hours trading on Wednesday.
Tripadvisor (TRIP 16.74%) stock galloped ahead 18% through 11:05 a.m. ET Thursday after activist investor Starboard Value disclosed that it has taken a 9% stake in the travel advisor.
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Tripadvisor Inc (NASDAQ:TRIP) shares added more than 16% after activist investor Starboard disclosed it has taken a 9% stake in the company, valued at about $160 million. Per a regulatory filing with the Securities and Exchange Commission, Starboard believes TripAdvisor's stock “were undervalued and represented an attractive investment opportunity.
Tripadvisor's stock jumped after Starboard Value disclosed a more than 9% stake in the online travel company in a securities filing. The stake was valued at about $160 million as of Wednesday's close.
TripAdvisor shares rallied for a second straight day on Thursday after activist investor Starboard Value was reported to have taken a more than 9% stake in the company, worth about $160 million. The news, first reported by The Wall Street Journal, sent TripAdvisor stock more than 5% higher in premarket trading, adding to an 8.