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home / news releases / tripadvisor plummet on m a rejection brings the stoc


BKNG - Tripadvisor Plummet On M&A Rejection Brings The Stock Back Into Play

2024-05-08 14:10:53 ET

Summary

  • Tripadvisor shares have fallen over 35% after the company rejected the idea of being acquired in the near term.
  • This provides an excelled opportunity for investors who believe in Tripadvisor's standalone business.
  • Viator, a subsidiary of Tripadvisor, represents almost 50% of revenues and is a growth engine for the company. I'm very excited about the potential for this division.

Shares of Tripadvisor ( TRIP ) have fallen by more than 35% on the morning of Wednesday, May 8th, on news that the company's board committee has decided that M&A is not in the company's immediate future after review of potential acquirers' interest was concluded....

For further details see:

Tripadvisor Plummet On M&A Rejection Brings The Stock Back Into Play
Stock Information

Company Name: Booking Holdings Inc.
Stock Symbol: BKNG
Market: NASDAQ
Website: bookingholdings.com

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