Tripadvisor (TRIP) shares are plummeting after the online travel booker rejected the idea of a potential sale. The company previously established a special committee to explore the idea of a third-party sale, and after announcing it would not be in its best interest, the stock dropped nearly 30% on the trading day. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl.
Tripadvisor (TRIP) shares are plummeting after the online travel booker rejected the idea of a potential sale. The company previously established a special committee to explore the idea of a third-party sale, and after announcing it would not be in its best interest, the stock dropped nearly 30% on the trading day. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl.