TripAdvisor Stages Impressive Rebound Off June Lows After Q2 Beat

TripAdvisor Inc TRIP shares are trading lower by 47 cents at $39.08 in Wednesday's session.

After the close on Tuesday, the company posted a Q2 EPS beat along with a $2.5 million beat for sales. However, the negative reaction to Priceline Group PCLN weighed heavily on the stock in after-hours and pre-market trading.

After a lower open, TripAdvisor continued in that direction until finally finding a bottom at $35.55 and reversed course. That low coincides with its June 21 ($35.34) and June 22 ($35.61) lows. The stock has grinded higher off that low, but has yet to reach Tuesday's closing price ($39.55) as $39.26 stands as the high for the session as of 1:45 p.m. EST.