TripAdvisor, Inc. (TRIP)

TripAdvisor, Inc. (TRIP)


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Tripadvisor Inc. Profile

Tripadvisor Inc. (TRIP.xnas) is an American online travel company, the world’s largest travel platform, headquartered in Massachusetts, the United States. Tripadvisor Inc. operates a website and mobile app where its users can browse hundreds of millions of traveler reviews and opinions, compare low prices on hotels, flights, and cruises. Additionally, it offers online hotel reservations and bookings for transportation, lodging, travel experiences, and restaurants. Tripadvisor Inc. (TRIP.xnas) is traded on the Nasdaq as a component of the Standard & Poor’s 400 (S&P-400); its current market cap is $5.2B (USD). The company’s performance and the pandemic’s massive impact on the travel and lodging industry resulted in an unprecedented 38% of workforce reductions during 2020. TRIP.xnas performance in the global markets offers numerous possibilities to traders, given the industry’s particularity combined with the pandemic era.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
09:30-16:30
Mon
09:30-16:30
Tue
09:30-16:30
Wed
09:30-16:30
Thu
09:30-16:30
Sun
Closed
Sat
Closed

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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, εμπορεύματακαι foreign exchangeκαι δείκτες.

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