Tripadvisor Inc

TRIP: XNAS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$53.00CpnnQjlglcsn

Tripadvisor: Shares Catalyzed by News of Evaluation of Potential Transactions

Tripadvisor shares increased 14% in Feb. 12 afterhours trading, as the company announced it had formed a special committee tasked with evaluating potential transactions. We plan to re-evaluate our $24 fair value estimate when the company reports its fourth-quarter results later this week. Shares trade slightly above our existing intrinsic value after the sharp move higher on this news.

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