Shares of TripAdvisor Inc. (NASDAQ:TRIP) traded at a new 52-week high today of $55.30. Approximately 433,000 shares have changed hands today, as compared to an average 30-day volume of 3.8 million shares.
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. share prices have moved between a 52-week high of $55.30 and a 52-week low of $13.72 and are now trading 290% above that low price at $53.59 per share.
TripAdvisor Inc. (NASDAQ:TRIP) defies analysts with a current price ($53.59) 7.7% above its average consensus price target of $49.45.
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