- Guggenheim analyst Jake Fuller lowers his revenue guidance for TripAdvisor (NASDAQ:TRIP) based on The Priceline Group (NYSE:PCN) concerns.
- Fuller lowers the 2H17 revenue growth estimate from 7% to 5% and revises cost-per-click revenue growth down from 1.5% to a decline of 1.6%.
- Fuller maintains his Neutral rating on TripAdvisor.
- TripAdvisor shares are down 8.24%.
- Priceline shares are down 2.48%.
TripAdvisor slips 8.2% after Guggenheim lowers estimates
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About TRIP Stock
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Symbol | Last Price | % Chg |
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TRIP | - | - |
Tripadvisor, Inc. |