Why Has Tripadvisor Stock Slumped 35% This Year?
TRIPTripAdvisor(TRIP) Forbes·2024-09-06 19:00

HONG KONG, CHINA - 2024/05/31: Travelers shop at the TripAdvisor store, an American travel agency, ... [+] products, and restaurant website company, seen at Chek Lap Kok International Airport in Hong Kong. (Photo by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesTripadvisor stock (NASDAQ: TRIP) has declined from around 21atthebeginningoftheyearto21 at the beginning of the year to 14 now - a 35% fall over a period when the benchmark S&P index grew 16%. In comparison, TRIP’s peer Booki ...