logo
  

TripAdvisor Inc. (TRIP) Dropped To A New Low After Weak Q3 Report

TripAdvisor Inc. (TRIP) reported third quarter non-GAAP EPS of $0.48 after the bell Tuesday, which fell short of the consensus estimate of $0.60.

TripAdvisor gapped open sharply lower Wednesday, but was range-bound throughout the session. The stock closed down by 11.84 at $71.95 on the highest volume of the year. TripAdvisor dropped below a 1-month range and set a new low for the year.

For comments and feedback contact: editorial@rttnews.com

Business News

Get Access to Premium Stock Alerts with RTT Intelligent Investor.

A busy week for economics saw the release of first quarter growth figures for the U.S. economy and the interest rate decision in Japan. Read our stories to find out why the GDP data damped market sentiment in the U.S. and what were the signals given out by the Bank of Japan. Other news this week included new home sales data and jobless claims figures from the U.S., and the latest purchasing managers' survey results for the Eurozone.

View More Videos
Follow RTT