Seeking Alpha

TripAdvisor (TRIP -1.5%) sells off a bit after Benchmark slashes its Q4 and 2012 estimates,...

TripAdvisor (TRIP -1.5%) sells off a bit after Benchmark slashes its Q4 and 2012 estimates, albeit while reiterating a Buy. The firm is worried a "potential slowdown in global travel advertising spending," along with site de-cluttering efforts (presumably resulting in fewer ads) and a new contract with former parent and major customer Expedia (EXPE) could result in 2012 revenue growth declining to 20%.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs