Tripadvisor Stock Sinks 30%. And Forget a Sale. [MarketWatch]
Expedia Group, Inc. (EXPE)
Last expedia group, inc. earnings: 2/13 04:01 pm
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US:NASDAQ Investor Relations:
expediainc.com/contact-investor-relations
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Source: MarketWatch
“The Special Committee has determined that at this time, there is no transaction with a third party that is in the best interests of the Company and its stockholders,” Tripadvisor said in its earnings release. Tripadvisor stock spiraled 29% to $18.13 on Wednesday, on track for its largest one-day percentage decline on record, based on available data back to 2011, according to Dow Jones Market Data. The company said the special committee will still consider “continue to evaluate proposed alternatives as appropriate,” but that there would be no guarantee that a deal would result. The committee doesn't plan to issue further updates “unless it has something definitive to share.” For its fiscal first quarter ended March 31, the company reported adjusted earnings of 12 cents a share, easily beating Wall Street's call for four cents, according to FactSet. Total revenue of $395 million was nearly in line with the consensus call for $395.1 million. “We are pleased with our first quart
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EXPE
Earnings
- 5/2/24 - Beat
EXPE
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- EXPE's page on the SEC website