Why Trivago Stock Popped Today [The Motley Fool]
trivago N.V. - American Depositary Shares (TRVG)
Last trivago n.v. - american depositary shares earnings: 2/13 04:01 pm
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US:NASDAQ Investor Relations:
ir.trivago.com
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Source: The Motley Fool
Why Trivago Stock Popped Today This could be bargain hunters at work on Cyber Monday. Shares of Trivago ( NASDAQ:TRVG ) soared 11.6% on Monday, defying both the broader market's decline (with the S&P 500 down around 0.9% today), and a lack of company specific news. To be sure, there were no new press releases, industry developments, analyst notes, or Securities and Exchange Commission filings that might otherwise spur such a pop. But it helps that Trivago closed Friday at a fresh all-time low, with its losses most recently amplified last month by a combination of its weaker-than-expected quarterly earnings and the surprise replacement of its CEO. Remember, shares are still down around 56% even after today's pop -- but it's not hard to argue that Trivago's punishment doesn't fit the crime considering its top-line headwinds are the result of focusing on higher-quality transactions rather than chasing unprofitable growth. For patient investors willing to focus on the progress in Trivago
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TRVG
News
- trivago N.V.'s First Quarter 2024 Earnings Release Scheduled for April 30, 2024; Webcast Scheduled for May 1, 2024GlobeNewswire
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TRVG
Earnings
- 11/1/23 - Miss
TRVG
Analyst Actions
- 2/5/24 - UBS
TRVG
Sec Filings
- 3/1/24 - Form 20-F
- 2/16/24 - Form SC
- 2/6/24 - Form 6-K
- TRVG's page on the SEC website