Large Outflow of Money Witnessed in TripAdvisor

TripAdvisor (TRIP) : Net money flow in TripAdvisor (TRIP) was negative ($2.28 million) and the inflow of money on uptick was $6.78 million, whereas, the outflow of money on downticks amounted to $9.06 million on Monday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.75. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $2.11 million. The money flow in block trades was negative ($2.11). TripAdvisor (TRIP) gained $0.39 cent during the day and reached $68.65, a gain of 0.56% over the previous day.


TripAdvisor Inc. is up 5.04% in the last 3-month period. Year-to-Date the stock performance stands at -19.37%. Shares of TripAdvisor Inc. rose by 0.79% in the last five trading days and 6.76% for the last 4 weeks. In a related news, The officer (President, Vacation Rentals), of Tripadvisor, Inc., Halpin Dermot had unloaded 7,026 shares at $66.21 per share in a transaction on May 11, 2016. The total value of transaction was $465,191. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

TripAdvisor (NASDAQ:TRIP): stock turned positive on Monday. Though the stock opened at $68.06, the bulls momentum made the stock top out at $69.1099 level for the day. The stock recorded a low of $67.87 and closed the trading day at $68.74, in the green by 0.70%. The total traded volume for the day was 1,086,966. The stock had closed at $68.26 in the previous days trading.

TripAdvisor, Inc. (TripAdvisor) owns and operates a portfolio of online travel brands. TripAdvisor, the Companys brand, is a travel Website. The Company operates in two segments: Hotel and Other. Its Other segment consists of three operating segments, which include its vacation rentals, restaurants and attractions businesses. The Companys branded Websites include in the United States and localized versions of the TripAdvisor Website in 45 other countries, including China under the brand, and are offered in 28 languages. It features reviews and opinions on accommodations, including hotels and accommodations and vacation rentals, as well as restaurants and attractions in approximately 147,000 destinations throughout the world. In addition to user-generated content, its Websites feature price comparison tools and links to partner Websites, including travel advertisers, where users can book their travel arrangements.

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