TripAdvisor Inc. (TRIP) Rises 13.96%

TripAdvisor Inc. (TRIP) Rises 13.96%

TripAdvisor Inc. is a TripAdvisor is the world’s leading travel metasearch company. The website offers 878 million reviews and information on 8.4 million accommodations, restaurants, experiences, airlines, and cruises.

Among the biggest risers on the S&P 500 on Friday February 26 was TripAdvisor Inc. ($TRIP), popping some 13.96% to a price of $49.62 a share with some 7.96 million shares trading hands.

Starting the day trading at $43.91, TripAdvisor Inc. reached an intraday high of $50.24 and hit intraday lows of $42.52. Shares gained $6.08 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 134.83 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $13.73 to $50.50.

TripAdvisor is the world’s leading travel metasearch company. The website offers 878 million reviews and information on 8.4 million accommodations, restaurants, experiences, airlines, and cruises. In 2019, 60% of revenue came from the company’s hotel, media and platform segment, which includes hotel revenue generated through advertising on its metasearch platform as well as commissions received on its Instant Booking platform. Experiences and dining represented 29% of revenue with the remainder consisting of flight, rental, and non-branded TripAdvisor sales.

TripAdvisor Inc. has its corporate headquarters located in Needham, MA and employs 2,650 people. Its market cap has now risen to $6.69 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 7.55, and P/FCF n/a.

Share:
error: Content is protected !!