TripAdvisor Instant Book Platform Costs Take Toll

By | November 6, 2015

Scalper1 News

TripAdvisor (TRIP) stock tumbled Friday after the company’s aggressive rollout of its Instant Book feature ate into revenue, according to analysts, and the company’s Q3 EPS and revenue missed expectations. TripAdvisor stock was near 77, down 7% in afternoon trading in the stock market today after earlier falling as much as 11.5%. The online travel company grew its top line by 17% from the year-earlier quarter to $415 million. Earnings per share Scalper1 News

Scalper1 News