TripAdvisor, Inc. (TRIP)
TripAdvisor, Inc. (TRIP) is an online travel company that operates a platform providing reviews, ratings, and information on hotels, restaurants, attractions, and travel experiences. Founded in 2000, it aims to help travelers make informed decisions by aggregating user-generated content and offering booking options across its various services. The company generates revenue through advertising, hotel and experience bookings, and subscription services.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| December 4, 2019 | $3.50 | 2019-11-19 | 2019-11-20 |
Dividends Summary
- TripAdvisor, Inc. has issued 1 dividend payments over the past 0 years
- The most recent dividend was paid 2117 days ago, on December 4, 2019
- The highest dividend payed out to investors during this period was $3.5 per share
- The average dividend paid during this period was $3.50 per share.
Company News
Activist investor Starboard Value disclosed a 9% stake in Tripadvisor, viewing the company as undervalued and an attractive investment opportunity, causing the stock to surge 18% in early trading.
Wellpath Holdings, a major provider of healthcare services to jails, is preparing to file for bankruptcy. Prison stocks Geo Group and CoreCivic moved positively on the news of Donald Trump's 2024 election win. Tripadvisor is exploring strategic alternatives, including a potential sale, with $1.1 billion in cash.
Airbnb's stock has underperformed the industry and S&P 500 due to macroeconomic uncertainties, foreign exchange headwinds, and rising competition from Booking Holdings and Expedia. However, the company's strong core business, strategic investments, and expanding global footprint are driving growth in its Gross Booking Value, which is a positive sign.
Tripadvisor stock price has recently dropped following the rejection of a takeout offer by the company's special committee. See why TRIP is a Hold.
Tripadvisor Inc. can move its incorporation from Delaware to Nevada, a judge said Tuesday, but shareholders will be allowed to seek damages from the move.
