TCOM - Trip.Com Stock Is Trading Lower Tuesday: What's Going On? | Benzinga
Trip.Com Group Ltd (NYSE: TCOM) shares are trading lower Tuesday after the company reported third-quarter financial results.
What Happened: Trip.com said third-quarter revenue increased 99% year-over-year to $1.89 billion. The company reported adjusted earnings per ADS of $1.00.
Total bookings on the company's platform increased by more than 100% year-over-year. Domestic hotel bookings grew by over 90% on a year-over-year basis. Outbound hotel and air reservations recovered to ...