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Trivago Sharply Higher After Q1 Report

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Trivago NV - ADR (NASDAQ: TRVG) shares are trading higher by $1.77 (10 percent) at $19.60 in Monday's session.

The Germany-based company operates an online hotel search platform. The stock is trading at a new all-time high based on its U.S. listing after reporting Q1 results.

After a higher open, Trivago's stock had a brief retreat but found support well ahead of the top of Friday's range ($18.47) at $19.18 and continued its move higher. The current low coincides with its former all-time high that was made May 10 at $18.96.

The rebound off the low took the stock to $20.40, but has fallen back into the mid-$19.00 handle.

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