TripAdvisor (#TRIP) Stock Price, Live Chart & Analysis | Trade #TRIP

Tripadvisor is a service that allows travelers to plan trips around the world. Users can reserve a hotel, book transportation, or a table in a restaurant on the website or via a mobile application. The main content of the site is user reviews and photos.

The company was founded in 2000 by Stephen Kaufer, Langley Steinert, Nick Shanny, and Thomas Palka. Tripadvisor received part of the start-up capital from private investors. The other part of the money was obtained from Flagship Ventures and the Bollard Group. The company's headquarters are in Needham, Massachusetts, USA.

In 2004, IAC/InterActiveCorp Corporation bought Tripadvisor. A year later, the IAC spun off its travel companies into a separate holding, Expedia, Inc. In 2011, the service became a separate company. After which, its shares began trading on NASDAQ under the ticker #TRIP. As a result of the IPO, Tripadvisor raised $3.5 billion. By 2022, the market capitalization has reached $4 billion. Tripadvisor shares are included in many indexes, including S&P 500, Dow Jones US, Dow Jones Mid-Cap, NASDAQ Composite, and NASDAQ Industrial.

The value of #TRIP securities is relatively low, but the company does not pay dividends to holders. CFD trading can be more profitable than buying shares, as it allows traders to profit from the price difference. For example, in 2020, when the COVID-19 pandemic began, #TRIP stocks were worth just $13.76 per asset. In 2022, their value has risen to $24.56. Such volatility provides traders with a good opportunity to earn money.

From 2017 to 2019, Tripadvisor generated $2 billion in annual revenue. However, in 2020, it fell sharply to $604 million due to the pandemic. In 2021 and 2022, revenue increased but did not reach pre-pandemic levels. The same applies to profits. In 2020, the company's net income was -289 million dollars. In 2021, the negative impact of the pandemic continued, as profits rose only to -148 million dollars. Traders need to keep a close eye on the news to know what the company is doing to increase profits.

Profitable trading is facilitated by qualitative analysis. Thus, traders need to study financial indicators and be aware of news, competitors' performance, lawsuits, purchases, and sales of assets. The best time to trade TRIP shares is during the US trading session, from 16:30 to 23:00 (GMT+3, indicated in LiteFinance trading platform).