Tripadvisor Stock News

Here's how Tripadvisor's stock valuation stacks up with rivals such Expedia, Booking and Airbnb.

Tripadvisor stock (NASDAQ: TRIP) surged 8% on July 2 — significantly surpassing the S&P 500's modest 0.47% increase — after activist investor Starboard Value revealed a stake exceeding 9% in the online travel company. The approximately $160 million investment caused shares to climb another 7% in after-hours trading on Wednesday.

Tripadvisor (TRIP 16.74%) stock galloped ahead 18% through 11:05 a.m. ET Thursday after activist investor Starboard Value disclosed that it has taken a 9% stake in the travel advisor.

Tripadvisor Inc (NASDAQ:TRIP) shares added more than 16% after activist investor Starboard disclosed it has taken a 9% stake in the company, valued at about $160 million. Per a regulatory filing with the Securities and Exchange Commission, Starboard believes TripAdvisor's stock “were undervalued and represented an attractive investment opportunity.

Tripadvisor's stock jumped after Starboard Value disclosed a more than 9% stake in the online travel company in a securities filing. The stake was valued at about $160 million as of Wednesday's close.

TripAdvisor shares rallied for a second straight day on Thursday after activist investor Starboard Value was reported to have taken a more than 9% stake in the company, worth about $160 million. The news, first reported by The Wall Street Journal, sent TripAdvisor stock more than 5% higher in premarket trading, adding to an 8.

The travel sector has recovered well from the uncertainty caused by President Donald Trump's tariffs agenda.

Activist investor Starboard Value has built an over 9% stake in online travel firm Tripadvisor , the Wall Street Journal reported on Wednesday.