Tripadvisor Inc
TRIP: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$53.00 | Cpnn | Qjlglcsn |
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.