Overall market sentiment has been down on Tripadvisor Inc Common Stock (TRIP) stock lately. TRIP receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Tripadvisor Inc Common Stock has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on TRIP!
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With TRIP Stock Today?
Tripadvisor Inc Common Stock (TRIP) stock is trading at $22.46 as of 11:02 AM on Tuesday, Sep 27, a rise of $0.62, or 2.84% from the previous closing price of $21.84. The stock has traded between $22.27 and $22.76 so far today. Volume today is low. So far 246,514 shares have traded compared to average volume of 1,635,267 shares.
To see InvestorsObserver's Sentiment Score for Tripadvisor Inc Common Stock click here.
More About Tripadvisor Inc Common Stock
TripAdvisor is the world's leading travel metasearch company. The website offers 1 billion reviews and information on about 8 million accommodations, restaurants, experiences, airlines, and cruises. In 2021, 74% of revenue came from the company's core segment, which includes hotel revenue generated through advertising on its metasearch platform. Viator, its experiences brand, was 20% of sales in 2021, and TheFork, its dining brand, represented 9% of revenue (about 3% of sales were intersegment, which are eliminated from consolidated revenue).
Click Here to get the full Stock Report for Tripadvisor Inc Common Stock stock.
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