TripAdvisor (TRIP) Soars: Stock Adds 25.5% in Session

Zacks

TripAdvisor Inc. TRIP was a big mover last session, as the company saw its shares rise over 25% on the day. The upside came after the company entered into a partnership with The Priceline Group Inc. PCLN which led to more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $62.88 to $70.06 in the past one-month time frame.

The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

TripAdvisor currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Is TRIP going up? Or down? Predict to see what others think: Up or Down

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