Markets

TripAdvisor soars after reporting stronger-than-expected revenue

TripAdvisor‘s stock rose Thursday after reporting better-than-expected revenue for the fourth quarter of 2017. Its revenue beat was driven by higher sales from mobile transactions, according to an Oppenheimer analyst. View TripAdvisor’s stock price in real time here. Shares of TripAdvisor jumped after the online-travel-booking company reported quarterly revenue that […]
TripAdvisor soars after reporting stronger-than-expected revenue
Markets

Expedia is undergoing a ‘painful but necessary transition’

Shares of Expedia fell Friday morning following disappointing earnings results. The company has invested heavily in marketing and technology, leading one analyst to believe that it is making a “painful but necessary transition” in order to improve its profits. This was the first full quarter for CEO Mark Okerstrom. Watch […]
Expedia is undergoing a ‘painful but necessary transition’