TripAdvisor Inc TRIP shares are trading lower by $10.70 (17 percent) at $52.40 in Wednesday's session. Despite an inline Q3 EPS report, the Street is focusing its revenue shortfall of $15 million.
The report is in stark contrast to rival Priceline Group PCLN, which posted a huge Q3 beat after the close on Monday.
In a volatile session, TripAdvisor has found resistance way ahead of the bottom of Tuesday's range ($62.82) as $56.02 stands as the high for the session.
On the downside, $52.21 stands as the low for the session, but it's now bearing down on that level. That marks the lowest level for the issue since it bottomed in May 2013 at $51.72.
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