| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 390MM | -27% |
| Gross Profit | 354MM | - |
| Cost Of Revenue | 36MM | -16% |
| Operating Income | 32MM | -50% |
| Operating Expenses | 322MM | - |
| Net Income | 32MM | +19% |
| G&A | 47MM | -4% |
| Marketing | 179MM | -34% |
| Amortization | 24MM | +14% |
| Interest Expense | 11MM | - |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Tripadvisor (TRIP) shares are plummeting after the online travel booker rejected the idea of a potential sale. The company previously established a special committee to explore the idea of a third-party sale, and after announcing it would not be in its best interest, the stock dropped nearly 30% on the trading day. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl.
Top Midday Decliners
The company's largest shareholder needs cash within the next year.
Google has made frequent changes to its search results pages over the years, and Tripadvisor has often suffered as Google has its own competing businesses. Recent changes appear to have hit Tripadvisor particularly hard.
TripAdvisor Stock Plunges as Committee Suggests No Sale Imminent
Tripadvisor's shares dropped after the travel advice company dashed hopes of a takeover and posted a wider-than-anticipated loss in the latest quarter. Tripadvisor said a special committee had determined there wasn't any potential deal currently in front of the company that would be in the best interests of Tripadvisor and its shareholders. The committee was set up earlier in the year to consider a potential sale and alternatives after majority owner Liberty TripAdvisor Holdings disclosed it w...
Tripadvisor stock nosedived Wednesday after the online travel company rejected the idea of a potential sale. The company’s board of directors had formed a special committee in February to evaluate proposals for a potential transaction or alternatives. “The Special Committee has determined that at this time, there is no transaction with a third party that is in the best interests of the Company and its stockholders,” Tripadvisor said in its earnings release.
Tripadvisor first disclosed in February that Liberty TripAdvisor Holdings, its controlling shareholder, had been approached by at least one bidder for its controlling stake in the travel agency. A special committee formed to explore options, including a potential sale, has determined there is no transaction with a third party that is in the best interests of the company at this time, Tripadvisor said on Wednesday. Tripadvisor reported a first-quarter loss of 43 cents per share on Wednesday, wh...
The headline numbers for TripAdvisor (TRIP) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Tripadvisor apparently got an offer it was easy to refuse.