TripAdvisor Gets Lousy Reviews After Earnings Miss

By | July 24, 2014

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TripAdvisor (TRIP) stock dived more than 9% in early trading in the stock market today, a day after the provider of travel reviews and metasearch services issued Q2 earnings far short of analyst views on higher sales and marketing spending and other costs. Cantor Fitzgerald lowered its rating on TripAdvisor stock to hold from buy, while Susquehanna International Group lowered its price target on TripAdvisor stock to 98 from 100. TripAdvisor was Scalper1 News

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