Why Is TripAdvisor (TRIP) Stock Up 10% Today?
TRIPTripAdvisor(TRIP) InvestorPlace·2024-02-14 04:44

Today’s session has been relatively volatile, with a number of key winners and losers seeing outsized movements this afternoon. One of the biggest winners to the upside today is TripAdvisor (NASDAQ:TRIP), which has surged well over 10% to as high as $26.66 per share today. This big move in TRIP stock comes after the company formally announced the formation of a special committee to review an upcoming “potential transaction.”Such special committees are typically set up as part of a bidding process for a give ...