Alert: Major Price Decline (8/7/24)-TripAdvisor Inc (NASDAQ: TRIP).

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TripAdvisor Inc (NASDAQ: TRIP) stock closed at $13.61 on 8/7/24 after a major decline of -16.6%. Moreover, exceptionally high trading volume at 453% of normal accompanied the decline. The stock has declined -24.5% during the last week and has been weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

TRIP’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

TripAdvisor has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. TripAdvisor has a slightly negative Appreciation Score of 36 and a poor Power Rating of 19, producing the Negative Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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