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.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
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