TripAdvisor (TRIP) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.39 per share a year ago.
TripAdvisor (TRIP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TripAdvisor (TRIP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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.
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.
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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.
The travel sector has recovered well from the uncertainty caused by President Donald Trump's tariffs agenda.
Activist investor Starboard Value has built an over 9% stake in online travel firm Tripadvisor , the Wall Street Journal reported on Wednesday.