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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.

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