Shares of TripAdvisor Inc. (NASDAQ:TRIP) traded today at $59.14, eclipsing its 52-week high. So far today approximately 448,000 shares have been exchanged, as compared to an average 30-day volume of 4.3 million shares.
In the past 52 weeks, shares of TripAdvisor Inc. have traded between a low of $13.72 and a high of $59.14 and is now at $59.03, which is 330% above that low price.
TripAdvisor is the world’s leading travel metasearch company. The website offers 884 million reviews and information on 8.3 million accommodations, restaurants, experiences, airlines, and cruises. In 2020, 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 31% of revenue with the remainder consisting of flight, rental, and non-branded TripAdvisor sales.
TripAdvisor Inc. (NASDAQ:TRIP) is currently priced 12.2% above its average consensus analyst price target of $51.81.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About InvestorBrandNetwork (IBN)
InvestorBrandNetwork (IBN) consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign.
For more information, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer