Seeking Alpha

TripAdvisor CEO: Expedia once more bidding strongly

  • In addition to making downbeat comments about TripAdvisor's (TRIP -8.5%) summer performance, CEO Steve Kaufer stated Expedia (EXPE -1%) is once more ramping its ad bidding activity on the site, following a Q2 slowdown.
  • Expedia took a conservative bidding approach on TripAdvisor in Q2, which in turn took a toll on sales and contributed to Priceline's (PCLN -1%) share gains.
  • Deutsche recently reported Expedia regained share from Priceline on TripAdvisor in July.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio: