Breaking News

Today
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Conference/Events
UBS Internet analyst to hold an analyst/industry conference call » 14:41
08/05/20
08/05
14:41
08/05/20
14:41
UBER

Uber

$33.02 /

+0.31 (+0.95%)

, BKNG

Booking Holdings

$1,727.00 /

+51.19 (+3.05%)

, TRIP

TripAdvisor

$21.12 /

+0.4 (+1.93%)

, TTWO

Take-Two

$176.52 /

-0.73 (-0.41%)

, ATVI

Activision Blizzard

$83.97 /

-2.37 (-2.74%)

, MTCH

Match Group

$120.59 /

+13.05 (+12.14%)

, GLUU

Glu Mobile

$8.45 /

-1.37 (-13.95%)

, ZNGA

Zynga

$9.93 /

-0.275 (-2.70%)

, YELP

Yelp

$26.88 /

+1.06 (+4.11%)

, GRPN

Groupon

$16.25 /

-0.19 (-1.16%)

, REAL

RealReal

$14.43 /

-0.295 (-2.00%)

, SVM

Silvercorp Metals

$7.55 /

-0.03 (-0.40%)

, FVRR

Fiverr

$121.43 /

+17.39 (+16.71%)

Internet &…

Internet & Interactive Entertainment Analyst Sheridan provides a recap of US Internet earnings, as well as updated estimates and viewpoints for UBER, BKNG, TRIP, TTWO, ATVI, MTCH, GLUU, ZNGA, YELP, GRPN, REAL, SVMK & FVRR on an Analyst/Industry conference call to be held on August 7 at 8 am.

ShowHide Related Items >><<
ZNGA Zynga
$9.93 /

-0.275 (-2.70%)

YELP Yelp
$26.88 /

+1.06 (+4.11%)

UBER Uber
$33.02 /

+0.31 (+0.95%)

TTWO Take-Two
$176.52 /

-0.73 (-0.41%)

TRIP TripAdvisor
$21.12 /

+0.4 (+1.93%)

SVM Silvercorp Metals
$7.55 /

-0.03 (-0.40%)

REAL RealReal
$14.43 /

-0.295 (-2.00%)

MTCH Match Group
$120.59 /

+13.05 (+12.14%)

GRPN Groupon
$16.25 /

-0.19 (-1.16%)

GLUU Glu Mobile
$8.45 /

-1.37 (-13.95%)

FVRR Fiverr
$121.43 /

+17.39 (+16.71%)

BKNG Booking Holdings
$1,727.00 /

+51.19 (+3.05%)

ATVI Activision Blizzard
$83.97 /

-2.37 (-2.74%)

UBER Uber
$33.02 /

+0.31 (+0.95%)

08:09 Today Deutsche Bank
Uber price target lowered to $38 from $40 at Deutsche Bank
07/22/20 Raymond James
Uber resumed with a Market Perform at Raymond James
07/08/20 Wedbush
Postmates stronger fit for Uber, less market share than GrubHub, says Wedbush
07/07/20 KeyBanc
Uber acquisition of Postmates helps drive market rationalization, says KeyBanc
BKNG Booking Holdings
$1,727.00 /

+51.19 (+3.05%)

08:10 Today Deutsche Bank
Booking Holdings price target raised to $2,000 from $1,625 at Deutsche Bank
07/29/20 Jefferies
Booking Holdings price target raised to $1,600 from $1,300 at Jefferies
07/20/20 Goldman Sachs
Booking Holdings price target raised to $1,500 from $1,200 at Goldman Sachs
06/10/20 BTIG
Booking Holdings initiated with a Neutral at BTIG
TRIP TripAdvisor
$21.12 /

+0.4 (+1.93%)

06/23/20 RBC Capital
TripAdvisor's Q2 update implies sequential improvement, says RBC Capital
06/10/20 BTIG
TripAdvisor initiated with a Neutral at BTIG
05/11/20 Credit Suisse
TripAdvisor price target lowered to $22 from $28 at Credit Suisse
TTWO Take-Two
$176.52 /

-0.73 (-0.41%)

08/04/20
Fly Intel: Top five analyst downgrades
08/04/20 MKM Partners
Take-Two price target raised to $190 from $165 at MKM Partners
08/04/20 Wedbush
Take-Two price target raised to $210 from $170 at Wedbush
08/04/20 Oppenheimer
Take-Two price target raised to $190 from $155 at Oppenheimer
ATVI Activision Blizzard
$83.97 /

-2.37 (-2.74%)

09:10 Today Barclays
Activision Blizzard price target raised to $98 from $90 at Barclays
08:43 Today Morgan Stanley
Activision Blizzard price target raised to $100 from $88 at Morgan Stanley
08:39 Today UBS
Activision Blizzard price target raised to $106 from $84 at UBS
07:42 Today Oppenheimer
Activision Blizzard price target raised to $95 from $75 at Oppenheimer
MTCH Match Group
$120.59 /

+13.05 (+12.14%)

14:31 Today Morgan Stanley
Match Group price target raised to $141 from $103 at Morgan Stanley
07/17/20 BMO Capital
IAC price target raised to $171 from $161 at BMO Capital
07/14/20 UBS
IAC price target lowered to $160 from $354 at UBS
07/13/20 Wedbush
Match Group price target raised to $90 from $77 at Wedbush
GLUU Glu Mobile
$8.45 /

-1.37 (-13.95%)

06/10/20
Fly Intel: Top five analyst initiations
06/10/20 UBS
Glu Mobile initiated with a Buy at UBS
05/29/20 Benchmark
Benchmark reiterates Buy rating on Glu Mobile after guidance hike
05/29/20 Piper Sandler
Glu Mobile outlook still conservative despite uptick, says Piper Sandler
ZNGA Zynga
$9.93 /

-0.275 (-2.70%)

07/30/20 Berenberg
Activision Blizzard price target raised to $88 from $83 at Berenberg
07/16/20 UBS
Zynga price target raised to $12.50 from $8.30 at UBS
06/22/20 MKM Partners
Snap's new features impressive, says MKM Partners
06/09/20
Fly Intel: Top five analyst upgrades
YELP Yelp
$26.88 /

+1.06 (+4.11%)

06/10/20 BTIG
Yelp initiated with a Neutral at BTIG
06/10/20 Citi
Yelp price target raised to $26 from $21 at Citi
05/11/20
Fly Intel: Top five analyst downgrades
05/11/20 BMO Capital
Yelp downgraded to Market Perform from Outperform at BMO Capital
GRPN Groupon
$16.25 /

-0.19 (-1.16%)

06/18/20 Wedbush
Groupon price target lowered to $22 from $35 at Wedbush
06/18/20 Barclays
Groupon business model remains uncertain, says Barclays
06/17/20 DA Davidson
Groupon price target raised to $32 from $23 at DA Davidson
02/25/20 Ascendiant
Groupon price target lowered to $1.75 from $3.25 at Ascendiant
REAL RealReal
$14.43 /

-0.295 (-2.00%)

07/10/20 B. Riley FBR
RealReal price target raised to $13 from $7 at B. Riley FBR
06/10/20 Nomura Instinet
RealReal price target raised to $18 from $17 at Nomura Instinet
06/09/20
Fly Intel: Top five analyst initiations
06/09/20 Nomura Instinet
RealReal price target raised to $17 from $14 at Nomura Instinet
SVM Silvercorp Metals
$7.55 /

-0.03 (-0.40%)

07/20/20 Alliance Global Partners
Silvercorp Metals downgraded to Neutral from Buy at Alliance Global Partners
07/17/20 BMO Capital
Silvercorp Metals price target raised to C$6.75 from C$6 at BMO Capital
05/26/20 BMO Capital
Silvercorp Metals resumed with a Market Perform at BMO Capital
04/28/20 BMO Capital
Silvercorp Metals price target raised to C$5.50 from C$5.25 at BMO Capital
FVRR Fiverr
$121.43 /

+17.39 (+16.71%)

12:32 Today Needham
Needham raises Fiverr price target to $155 as business is 'exploding'
12:24 Today Needham
Fiverr price target raised to $155 from $55 at Needham
07/17/20
Fly Intel: Top five analyst downgrades
07/17/20 JPMorgan
Fiverr downgraded to Neutral after 169% rally at JPMorgan
ZNGA Zynga
$9.93 /

-0.275 (-2.70%)

YELP Yelp
$26.88 /

+1.06 (+4.11%)

UBER Uber
$33.02 /

+0.31 (+0.95%)

TTWO Take-Two
$176.52 /

-0.73 (-0.41%)

TRIP TripAdvisor
$21.12 /

+0.4 (+1.93%)

SVM Silvercorp Metals
$7.55 /

-0.03 (-0.40%)

REAL RealReal
$14.43 /

-0.295 (-2.00%)

MTCH Match Group
$120.59 /

+13.05 (+12.14%)

GRPN Groupon
$16.25 /

-0.19 (-1.16%)

GLUU Glu Mobile
$8.45 /

-1.37 (-13.95%)

FVRR Fiverr
$121.43 /

+17.39 (+16.71%)

BKNG Booking Holdings
$1,727.00 /

+51.19 (+3.05%)

ATVI Activision Blizzard
$83.97 /

-2.37 (-2.74%)

  • 04
    Jun
  • 29
    May
  • 11
    Feb
  • 07
    Nov
  • 06
    Nov
ZNGA Zynga
$9.93 /

-0.275 (-2.70%)

YELP Yelp
$26.88 /

+1.06 (+4.11%)

UBER Uber
$33.02 /

+0.31 (+0.95%)

TTWO Take-Two
$176.52 /

-0.73 (-0.41%)

TRIP TripAdvisor
$21.12 /

+0.4 (+1.93%)

SVM Silvercorp Metals
$7.55 /

-0.03 (-0.40%)

REAL RealReal
$14.43 /

-0.295 (-2.00%)

MTCH Match Group
$120.59 /

+13.05 (+12.14%)

GRPN Groupon
$16.25 /

-0.19 (-1.16%)

BKNG Booking Holdings
$1,727.00 /

+51.19 (+3.05%)

ATVI Activision Blizzard
$83.97 /

-2.37 (-2.74%)

ZNGA Zynga
$9.93 /

-0.275 (-2.70%)

YELP Yelp
$26.88 /

+1.06 (+4.11%)

UBER Uber
$33.02 /

+0.31 (+0.95%)

TTWO Take-Two
$176.52 /

-0.73 (-0.41%)

TRIP TripAdvisor
$21.12 /

+0.4 (+1.93%)

REAL RealReal
$14.43 /

-0.295 (-2.00%)

MTCH Match Group
$120.59 /

+13.05 (+12.14%)

GRPN Groupon
$16.25 /

-0.19 (-1.16%)

GLUU Glu Mobile
$8.45 /

-1.37 (-13.95%)

FVRR Fiverr
$121.43 /

+17.39 (+16.71%)

BKNG Booking Holdings
$1,727.00 /

+51.19 (+3.05%)

ATVI Activision Blizzard
$83.97 /

-2.37 (-2.74%)

ZNGA Zynga
$9.93 /

-0.275 (-2.70%)

YELP Yelp
$26.88 /

+1.06 (+4.11%)

UBER Uber
$33.02 /

+0.31 (+0.95%)

TTWO Take-Two
$176.52 /

-0.73 (-0.41%)

TRIP TripAdvisor
$21.12 /

+0.4 (+1.93%)

REAL RealReal
$14.43 /

-0.295 (-2.00%)

MTCH Match Group
$120.59 /

+13.05 (+12.14%)

GRPN Groupon
$16.25 /

-0.19 (-1.16%)

GLUU Glu Mobile
$8.45 /

-1.37 (-13.95%)

FVRR Fiverr
$121.43 /

+17.39 (+16.71%)

ATVI Activision Blizzard
$83.97 /

-2.37 (-2.74%)

Over a week ago
Recommendations
Booking Holdings price target raised to $1,600 from $1,300 at Jefferies » 08:01
07/29/20
07/29
08:01
07/29/20
08:01
BKNG

Booking Holdings

$1,682.29 /

-19.47 (-1.14%)

, EXPE

Expedia

$83.68 /

-0.71 (-0.84%)

, TRIP

TripAdvisor

$21.17 /

+0.32 (+1.53%)

Jefferies analyst Brent…

Jefferies analyst Brent Thill raised the firm's price target on Booking Holdings (BKNG) to $1,600 from $1,300, telling investors that his third-party data checks support continually improving travel trends, although he added that his July proprietary survey of 1,335 U.S. consumers highlights that the intention to travel in 2020 may be falling. The valuation multiples of Booking and Expedia (EXPE) have reached record lows versus the Nasdaq, which limits downside risk, said Thill, who adds that he prefers Booking over Expedia as a recovery play. He keeps Equal Weight ratings on both stocks and maintains an Underperform rating on TripAdvisor (TRIP).

ShowHide Related Items >><<
TRIP TripAdvisor
$21.17 /

+0.32 (+1.53%)

EXPE Expedia
$83.68 /

-0.71 (-0.84%)

BKNG Booking Holdings
$1,682.29 /

-19.47 (-1.14%)

BKNG Booking Holdings
$1,682.29 /

-19.47 (-1.14%)

07/20/20 Goldman Sachs
Booking Holdings price target raised to $1,500 from $1,200 at Goldman Sachs
06/10/20 BTIG
Booking Holdings initiated with a Neutral at BTIG
06/03/20 Morgan Stanley
Booking, Expedia price targets raised at Morgan Stanley
05/19/20 Jefferies
Jefferies downgrades Expedia to Hold on 'long road to recovery'
EXPE Expedia
$83.68 /

-0.71 (-0.84%)

07/20/20 Goldman Sachs
Expedia price target raised to $65 from $60 at Goldman Sachs
07/15/20 Mizuho
Expedia price target raised to $85 from $80 at Mizuho
07/07/20 Truist
Expedia debt raise makes financial sense, says SunTrust
07/07/20 JMP Securities
Expedia price target raised to $100 from $92 at JMP Securities
TRIP TripAdvisor
$21.17 /

+0.32 (+1.53%)

06/23/20 RBC Capital
TripAdvisor's Q2 update implies sequential improvement, says RBC Capital
06/10/20 BTIG
TripAdvisor initiated with a Neutral at BTIG
05/11/20 Credit Suisse
TripAdvisor price target lowered to $22 from $28 at Credit Suisse
05/11/20 Mizuho
TripAdvisor price target lowered to $18 from $20 at Mizuho
TRIP TripAdvisor
$21.17 /

+0.32 (+1.53%)

EXPE Expedia
$83.68 /

-0.71 (-0.84%)

BKNG Booking Holdings
$1,682.29 /

-19.47 (-1.14%)

TRIP TripAdvisor
$21.17 /

+0.32 (+1.53%)

EXPE Expedia
$83.68 /

-0.71 (-0.84%)

BKNG Booking Holdings
$1,682.29 /

-19.47 (-1.14%)

TRIP TripAdvisor
$21.17 /

+0.32 (+1.53%)

EXPE Expedia
$83.68 /

-0.71 (-0.84%)

BKNG Booking Holdings
$1,682.29 /

-19.47 (-1.14%)

TRIP TripAdvisor
$21.17 /

+0.32 (+1.53%)

EXPE Expedia
$83.68 /

-0.71 (-0.84%)

Options
TripAdvisor put volume heavy and directionally bearish » 15:55
07/13/20
07/13
15:55
07/13/20
15:55
TRIP

TripAdvisor

$18.85 /

-0.76 (-3.88%)

Bearish flow noted in…

Bearish flow noted in TripAdvisor with 4,283 puts trading, or 2x expected. Most active are Aug-20 23 puts and Jul-20 20 calls, with total volume in those strikes near 4,200 contracts. The Put/Call Ratio is 1.52, while ATM IV is up over 3 points on the day. Earnings are expected on August 5th.

ShowHide Related Items >><<
TRIP TripAdvisor
$18.85 /

-0.76 (-3.88%)

TRIP TripAdvisor
$18.85 /

-0.76 (-3.88%)

06/23/20 RBC Capital
TripAdvisor's Q2 update implies sequential improvement, says RBC Capital
06/10/20 BTIG
TripAdvisor initiated with a Neutral at BTIG
05/11/20 Credit Suisse
TripAdvisor price target lowered to $22 from $28 at Credit Suisse
05/11/20 Mizuho
TripAdvisor price target lowered to $18 from $20 at Mizuho
TRIP TripAdvisor
$18.85 /

-0.76 (-3.88%)

TRIP TripAdvisor
$18.85 /

-0.76 (-3.88%)

TRIP TripAdvisor
$18.85 /

-0.76 (-3.88%)

TRIP TripAdvisor
$18.85 /

-0.76 (-3.88%)

Over a month ago
Options
TripAdvisor call volume above normal and directionally bullish » 12:45
06/23/20
06/23
12:45
06/23/20
12:45
TRIP

TripAdvisor

$19.29 /

+1.11 (+6.11%)

Bullish option flow…

Bullish option flow detected in TripAdvisor with 30,075 calls trading, 6x expected, and implied vol increasing over 6 points to 86.73%. Jul-20 20 calls and Sep-20 30 calls are the most active options, with total volume in those strikes near 11,400 contracts. The Put/Call Ratio is 0.09. Earnings are expected on August 5th.

ShowHide Related Items >><<
TRIP TripAdvisor
$19.29 /

+1.11 (+6.11%)

TRIP TripAdvisor
$19.29 /

+1.11 (+6.11%)

06/23/20 RBC Capital
TripAdvisor's Q2 update implies sequential improvement, says RBC Capital
06/10/20 BTIG
TripAdvisor initiated with a Neutral at BTIG
05/11/20 Credit Suisse
TripAdvisor price target lowered to $22 from $28 at Credit Suisse
05/11/20 Mizuho
TripAdvisor price target lowered to $18 from $20 at Mizuho
TRIP TripAdvisor
$19.29 /

+1.11 (+6.11%)

TRIP TripAdvisor
$19.29 /

+1.11 (+6.11%)

TRIP TripAdvisor
$19.29 /

+1.11 (+6.11%)

TRIP TripAdvisor
$19.29 /

+1.11 (+6.11%)

Hot Stocks
TripAdvisor up 5% in early afternoon trading » 12:26
06/23/20
06/23
12:26
06/23/20
12:26
TRIP

TripAdvisor

$18.61 /

+0.43 (+2.37%)

A spike in shares of…

A spike in shares of TripAdvisor (TRIP) in early afternoon trading may be attributable to a ReOrg report speculating on the potential for a takeover, trading contacts tell The Fly.

ShowHide Related Items >><<
TRIP TripAdvisor
$18.61 /

+0.43 (+2.37%)

TRIP TripAdvisor
$18.61 /

+0.43 (+2.37%)

06/23/20 RBC Capital
TripAdvisor's Q2 update implies sequential improvement, says RBC Capital
06/10/20 BTIG
TripAdvisor initiated with a Neutral at BTIG
05/11/20 Credit Suisse
TripAdvisor price target lowered to $22 from $28 at Credit Suisse
05/11/20 Mizuho
TripAdvisor price target lowered to $18 from $20 at Mizuho
TRIP TripAdvisor
$18.61 /

+0.43 (+2.37%)

TRIP TripAdvisor
$18.61 /

+0.43 (+2.37%)

TRIP TripAdvisor
$18.61 /

+0.43 (+2.37%)

TRIP TripAdvisor
$18.61 /

+0.43 (+2.37%)

Options
Early notable gainers among liquid option names on June 23rd » 09:55
06/23/20
06/23
09:55
06/23/20
09:55
MHK

Mohawk

$100.03 /

+7.765 (+8.42%)

, SYY

Sysco

$58.89 /

+3.91 (+7.11%)

, TRIP

TripAdvisor

$18.80 /

+0.62 (+3.41%)

, SPG

Simon Property

$70.50 /

+1.93 (+2.81%)

, PDCO

Patterson Companies

$20.11 /

+0.395 (+2.00%)

Notable gainers among…

Notable gainers among liquid option names this morning include Mohawk (MHK) $100.08 +7.86, Sysco (SYY) $59.05 +4.05, TripAdvisor (TRIP) $19.07 +0.89, Simon Property (SPG) $71.83 +3.28, and Patterson Companies (PDCO) $20.46 +0.75.

ShowHide Related Items >><<
TRIP TripAdvisor
$18.80 /

+0.62 (+3.41%)

SYY Sysco
$58.89 /

+3.91 (+7.11%)

SPG Simon Property
$70.50 /

+1.93 (+2.81%)

PDCO Patterson Companies
$20.11 /

+0.395 (+2.00%)

MHK Mohawk
$100.03 /

+7.765 (+8.42%)

MHK Mohawk
$100.03 /

+7.765 (+8.42%)

06/23/20 Deutsche Bank
Deutsche downgrades Mohawk to Sell on too high consensus estimates
06/23/20 Deutsche Bank
Mohawk downgraded to Sell from Hold at Deutsche Bank
06/18/20 Truist
Mohawk price target raised to $115 from $98 at SunTrust
05/27/20 Credit Suisse
Mohawk initiated with an Underperform at Credit Suisse
SYY Sysco
$58.89 /

+3.91 (+7.11%)

06/05/20
Fly Intel: Top five analyst upgrades
06/05/20 Wells Fargo
Sysco upgraded to Overweight from Equal Weight at Wells Fargo
06/05/20 Wells Fargo
Sysco upgraded to Overweight from Equal Weight at Wells Fargo
06/01/20 Piper Sandler
Sysco upgraded to Overweight from Neutral at Piper Sandler
TRIP TripAdvisor
$18.80 /

+0.62 (+3.41%)

06/23/20 RBC Capital
TripAdvisor's Q2 update implies sequential improvement, says RBC Capital
06/10/20 BTIG
TripAdvisor initiated with a Neutral at BTIG
05/11/20 Credit Suisse
TripAdvisor price target lowered to $22 from $28 at Credit Suisse
05/11/20 Mizuho
TripAdvisor price target lowered to $18 from $20 at Mizuho
SPG Simon Property
$70.50 /

+1.93 (+2.81%)

06/18/20 JPMorgan
Simon Property price target lowered to $90 from $145 at JPMorgan
06/17/20 Deutsche Bank
Taubman Centers named short-term sell idea at Deutsche Bank
06/11/20 Deutsche Bank
Simon Property price target raised to $100 from $97 at Deutsche Bank
06/11/20 Raymond James
Simon Property downgraded to Market Perform from Outperform at Raymond James
PDCO Patterson Companies
$20.11 /

+0.395 (+2.00%)

04/02/20 Wolfe Research
Patterson Companies upgraded to Peer Perform from Underperform at Wolfe Research
02/28/20 JPMorgan
Patterson Companies upgraded to Neutral from Underweight at JPMorgan
02/27/20 BofA
BofA upgrades Patterson Companies to Buy after better than expected share gains
02/27/20 BofA
Patterson Companies upgraded to Buy from Neutral at BofA
TRIP TripAdvisor
$18.80 /

+0.62 (+3.41%)

SYY Sysco
$58.89 /

+3.91 (+7.11%)

SPG Simon Property
$70.50 /

+1.93 (+2.81%)

PDCO Patterson Companies
$20.11 /

+0.395 (+2.00%)

MHK Mohawk
$100.03 /

+7.765 (+8.42%)

TRIP TripAdvisor
$18.80 /

+0.62 (+3.41%)

SYY Sysco
$58.89 /

+3.91 (+7.11%)

SPG Simon Property
$70.50 /

+1.93 (+2.81%)

MHK Mohawk
$100.03 /

+7.765 (+8.42%)

TRIP TripAdvisor
$18.80 /

+0.62 (+3.41%)

SYY Sysco
$58.89 /

+3.91 (+7.11%)

SPG Simon Property
$70.50 /

+1.93 (+2.81%)

TRIP TripAdvisor
$18.80 /

+0.62 (+3.41%)

SYY Sysco
$58.89 /

+3.91 (+7.11%)

SPG Simon Property
$70.50 /

+1.93 (+2.81%)

PDCO Patterson Companies
$20.11 /

+0.395 (+2.00%)

Recommendations
TripAdvisor's Q2 update implies sequential improvement, says RBC Capital » 08:52
06/23/20
06/23
08:52
06/23/20
08:52
TRIP

TripAdvisor

$18.18 /

-0.02 (-0.11%)

RBC Capital analyst…

RBC Capital analyst Shweta Khajuria nudged the firm's price target on TripAdvisor to $19 from $18 and keeps a Sector Perform rating on the shares after its Q2 financial update of business trends, revenue, and EBITDA expectations along with its liquidity position. The analyst says the guidance implies some sequential improvement in May and in June, likely making April the trough, even though the annualized trends remain down. Khajuria adds that TripAdvisor's monthly unique users, which she sees as a leading indicator of travel demand, have also improved sequentially each month in Q2.

ShowHide Related Items >><<
TRIP TripAdvisor
$18.18 /

-0.02 (-0.11%)

TRIP TripAdvisor
$18.18 /

-0.02 (-0.11%)

06/10/20 BTIG
TripAdvisor initiated with a Neutral at BTIG
05/11/20 Credit Suisse
TripAdvisor price target lowered to $22 from $28 at Credit Suisse
05/11/20 Mizuho
TripAdvisor price target lowered to $18 from $20 at Mizuho
TRIP TripAdvisor
$18.18 /

-0.02 (-0.11%)

TRIP TripAdvisor
$18.18 /

-0.02 (-0.11%)

TRIP TripAdvisor
$18.18 /

-0.02 (-0.11%)

TRIP TripAdvisor
$18.18 /

-0.02 (-0.11%)

Hot Stocks
TripAdvisor provides Q2 financial update » 07:12
06/22/20
06/22
07:12
06/22/20
07:12
TRIP

TripAdvisor

$18.20 /

-0.77 (-4.06%)

In light of the…

In light of the extraordinary circumstances related to the COVID-19 pandemic, Tripadvisor provided a business update regarding its (1) business trends, (2) expense management, (3) Adjusted EBITDA expectations, and (4) liquidity. Tripadvisor does not expect to provide such intra-quarter updates in the future. Since the second half of Q1 2020, actions instituted by government authorities to limit the spread of COVID-19 have impacted consumers' willingness to research, purchase, and consume travel. While still down significantly year-over-year, Tripadvisor monthly unique users have improved since April. In April and May monthly unique users were approximately 33% and 45% of last year's comparable period, respectively, and May monthly unique users increased approximately 38% versus April. Based on June trends month-to-date, the Company estimates that June year-over-year monthly unique user performance will improve versus May. Monthly unique users is a metric the Company uses to understand consumers' demand for travel. As referenced in Tripadvisor's first quarter shareholder letter dated May 7, 2020, in the back half of March and through April, significant year-over-year revenue declines generally stabilized across the Company's segments and products. April and May consolidated year-over-year revenue performance was approximately 10% of last year's comparable period and the Company currently expects June revenue will approach 20% of last year's comparable period. While the Company continues to expect year-over-year revenue performance for the quarter ended June 30, 2020 will be materially worse than such performance for the quarter ended March 31, 2020, the Company continues to expect some sequential quarter-over-quarter revenue improvement versus Q2 2020 starting in Q3 2020. In the Company's earnings release for Q1 2020, the Company also announced a number of cost measures that it had taken, or was in the process of taking, in order to significantly reduce fixed and variable expenses and reinforce its financial position. By enacting significant workforce reductions and managing variable costs approximately in line with demand, the Company remains on track to deliver these announced cost savings. In its Q1 earnings release, the Company disclosed its expectation for "significantly negative" adjusted EBITDA for Q2 2020. Given the modestly improving business trends in May versus April, and June month-to-date versus May, as well as the cost measures taken to significantly reduce fixed and variable costs, the Company currently estimates that its Adjusted EBITDA loss for Q2 2020 will be approximately $85 million. As of May 31, 2020, the Company had $693 million of cash and cash equivalents, which represents a decrease of $105 million compared to the cash and cash equivalents balance at March 31, 2020. The decrease was driven by negative operating profit as well as working capital movements, which include payments related to restructuring costs and a reduction in deferred merchant payables mainly from refunds. As a result of concerted cost reduction measures enacted year-to-date, the Company continues to believe the business has sufficient liquidity to withstand an extended period of revenue disruption and remains confident in its ability to remain compliant with its debt covenants in 2020 and through 2021. The Company may consider capital raising options in the future. While it remains difficult to forecast the recovery path and when the travel market will regain pre-COVID levels, the Company remains confident travel will rebound and that the Company is well positioned to respond to any scenarios that could evolve. The Company continues to believe it will play a critical role in that recovery and beyond by continuing to actively support its consumers, partners and employees worldwide.

ShowHide Related Items >><<
TRIP TripAdvisor
$18.20 /

-0.77 (-4.06%)

TRIP TripAdvisor
$18.20 /

-0.77 (-4.06%)

06/10/20 BTIG
TripAdvisor initiated with a Neutral at BTIG
05/11/20 Credit Suisse
TripAdvisor price target lowered to $22 from $28 at Credit Suisse
05/11/20 Mizuho
TripAdvisor price target lowered to $18 from $20 at Mizuho
05/06/20
Fly Intel: Top five analyst downgrades
TRIP TripAdvisor
$18.20 /

-0.77 (-4.06%)

TRIP TripAdvisor
$18.20 /

-0.77 (-4.06%)

TRIP TripAdvisor
$18.20 /

-0.77 (-4.06%)

TRIP TripAdvisor
$18.20 /

-0.77 (-4.06%)

Initiation
TripAdvisor initiated with a Neutral at BTIG » 17:19
06/10/20
06/10
17:19
06/10/20
17:19
TRIP

TripAdvisor

$22.23 /

-1.63 (-6.83%)

BTIG analyst Jake Fuller…

BTIG analyst Jake Fuller initiated coverage of TripAdvisor with a Neutral rating. Cost cuts have positioned the company with ample liquidity to "comfortably reach" the other side of the pandemic, but the shape of the recovery is "uncertain", with a U-shape more likely than the consensus calling for V-shape, the analyst tells investors in a research note.

ShowHide Related Items >><<
TRIP TripAdvisor
$22.23 /

-1.63 (-6.83%)

TRIP TripAdvisor
$22.23 /

-1.63 (-6.83%)

05/11/20 Credit Suisse
TripAdvisor price target lowered to $22 from $28 at Credit Suisse
05/11/20 Mizuho
TripAdvisor price target lowered to $18 from $20 at Mizuho
05/06/20
Fly Intel: Top five analyst downgrades
05/06/20 Cleveland Research
TripAdvisor checks remain 'quite cautious,' says Cleveland Research
TRIP TripAdvisor
$22.23 /

-1.63 (-6.83%)

TRIP TripAdvisor
$22.23 /

-1.63 (-6.83%)

TRIP TripAdvisor
$22.23 /

-1.63 (-6.83%)

TRIP TripAdvisor
$22.23 /

-1.63 (-6.83%)

Options
Early notable gainers among liquid option names on June 1st » 09:55
06/01/20
06/01
09:55
06/01/20
09:55
GPS

Gap

$9.72 /

+0.8 (+8.97%)

, OI

O-I Glass

$7.99 /

+0.305 (+3.97%)

, TRIP

TripAdvisor

$20.19 /

+0.88 (+4.56%)

, AAL

American Airlines

$10.97 /

+0.46 (+4.38%)

, UAL

United Airlines

$29.04 /

+1.02 (+3.64%)

Notable gainers among…

Notable gainers among liquid option names this morning include Gap (GPS) $9.88 +0.98, Owens-Illinois (OI) $8.20 +0.54, TripAdvisor (TRIP) $20.45 +1.17, American Airlines (AAL) $11.07 +0.57, and United Continental (UAL) $29.54 +1.50.

ShowHide Related Items >><<
UAL United Airlines
$29.04 /

+1.02 (+3.64%)

TRIP TripAdvisor
$20.19 /

+0.88 (+4.56%)

OI O-I Glass
$7.99 /

+0.305 (+3.97%)

GPS Gap
$9.72 /

+0.8 (+8.97%)

AAL American Airlines
$10.97 /

+0.46 (+4.38%)

GPS Gap
$9.72 /

+0.8 (+8.97%)

06/01/20 JPMorgan
Gap upgraded to Neutral from Underweight on valuation at JPMorgan
06/01/20 JPMorgan
Gap upgraded to Neutral from Underweight at JPMorgan
04/27/20 Barclays
Gap price target lowered to $5 from $10 at Barclays
04/24/20 RBC Capital
Gap price target lowered to $8 from $14 at RBC Capital
OI O-I Glass
$7.99 /

+0.305 (+3.97%)

04/30/20 Barclays
O-I Glass price target lowered to $8 from $13 at Barclays
04/17/20 Wells Fargo
O-I Glass downgraded to Underweight from Equal Weight at Wells Fargo
04/13/20 BofA
O-I Glass downgraded to Neutral from Buy at BofA
04/09/20 BMO Capital
O-I Glass price target lowered to $8 from $13 at BMO Capital
TRIP TripAdvisor
$20.19 /

+0.88 (+4.56%)

05/11/20 Credit Suisse
TripAdvisor price target lowered to $22 from $28 at Credit Suisse
05/11/20 Mizuho
TripAdvisor price target lowered to $18 from $20 at Mizuho
05/06/20
Fly Intel: Top five analyst downgrades
05/06/20 Cleveland Research
TripAdvisor checks remain 'quite cautious,' says Cleveland Research
AAL American Airlines
$10.97 /

+0.46 (+4.38%)

05/04/20 Barclays
Barclays downgrades U.S. Airlines sector along with American and Delta
05/04/20 Barclays
American Airlines downgraded to Underweight from Equal Weight at Barclays
05/01/20 Evercore ISI
American Airlines price target lowered to $1 from $10 at Evercore ISI
04/27/20 Citi
American Airlines price target lowered to $10 from $13 at Citi
UAL United Airlines
$29.04 /

+1.02 (+3.64%)

05/26/20 Citi
Lufthansa bailout 'marginally positive' for United Airlines,says Citi
05/19/20 Goldman Sachs
Southwest, United seeing modest improvements in demand, says Goldman Sachs
05/04/20 Barclays
United Airlines price target lowered to $40 from $60 at Barclays
UAL United Airlines
$29.04 /

+1.02 (+3.64%)

TRIP TripAdvisor
$20.19 /

+0.88 (+4.56%)

OI O-I Glass
$7.99 /

+0.305 (+3.97%)

GPS Gap
$9.72 /

+0.8 (+8.97%)

AAL American Airlines
$10.97 /

+0.46 (+4.38%)

UAL United Airlines
$29.04 /

+1.02 (+3.64%)

TRIP TripAdvisor
$20.19 /

+0.88 (+4.56%)

GPS Gap
$9.72 /

+0.8 (+8.97%)

AAL American Airlines
$10.97 /

+0.46 (+4.38%)

UAL United Airlines
$29.04 /

+1.02 (+3.64%)

TRIP TripAdvisor
$20.19 /

+0.88 (+4.56%)

OI O-I Glass
$7.99 /

+0.305 (+3.97%)

GPS Gap
$9.72 /

+0.8 (+8.97%)

AAL American Airlines
$10.97 /

+0.46 (+4.38%)

UAL United Airlines
$29.04 /

+1.02 (+3.64%)

TRIP TripAdvisor
$20.19 /

+0.88 (+4.56%)

OI O-I Glass
$7.99 /

+0.305 (+3.97%)

GPS Gap
$9.72 /

+0.8 (+8.97%)

AAL American Airlines
$10.97 /

+0.46 (+4.38%)

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.