Tripadvisor Stock Pops on Activist Interest, But Is It Worth Buying?
8/7 05:26
Tripadvisor stock (NASDAQ: TRIP) jumped 8% on July 2 — far outpacing the S&P 500’s modest 0.47% gain — after activist investor Starboard Value disclosed a more than 9% stake in the online travel firm. The roughly $160 million position sent shares up another 7% in after-...