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Stock Market & Financial Investment News

News Breaks
February 9, 2012
06:39 EDTTRIP
theflyonthewall.com: TripAdvisor downgraded to Hold from Buy at Benchmark Co.
Benchmark Co. downgraded TripAdvisor citing the company's increased expenses and disappointing 2012 guidance. The firm keeps a $31 price target for shares. :theflyonthewall.com



News For TRIP From The Last 14 Days
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May 18, 2012
10:37 EDTTRIP
theflyonthewall.com: Sources: Kayak getting ready to ride IPO wave, AllThingsD reports
According to sources, travel search company Kayak.com, which has been putting off plans to go public for over a year and a half, is getting ready for an IPO, AllThingsD reports. CNBC says Kayak could begin its roadshow as early as Monday and could be seeking up to $150M at a $1B valuation. TripAdvisor (TRIP), spun off from Expedia (EXPE) in December, has soared since its IPO, trading at $41 a share. Reference Link :theflyonthewall.com