Why Is TRIPADVISOR INC (TRIP) Stock Down Today?

Tripadvisor shares fell 27.65% to close at $7.38 on Wednesday. The sharp decline followed a third-quarter revenue and earnings miss that triggered a selloff by market open. The company also announced the departures of its chief executive officer and chief financial officer.

What Happened

Tripadvisor reported third-quarter revenue of $436.4 million, a decline of 11% from the prior year. The company posted a loss for the quarter, missing analyst forecasts for both revenue and earnings. In response to the results, the board announced that the CEO and CFO are set to leave the company. Bank of America cut its rating on the stock to Underperform from Buy, slashing its price target to $8. The bank cited slowing growth, AI traffic disruption, and leadership turnover as key concerns. A notice from SueWallSt indicated that an investigation into potential securities law violations is underway following the sharp selloff. The company also guided for fourth-quarter revenue to decline in the low teens percent.

What The Data Shows

The stock printed 30 fresh 52-week lows on November 5, 2026, while also recording six fresh 52-week highs. The 52-week range for the stock is $8.02 to $17.53. Over the last eight sessions prior to the drop, the stock had moved up 10.4%, rising from $9.24 to $10.20. Unusual options activity in the last 36 hours included three notable prints, with put premium totaling $1.6 million compared to zero call premium. The biggest single print was $636,000. Insider filings over the last 90 days show one sale totaling $76,000, with no buys. Congressional trades disclosed in the last 90 days include one sale, with the most recent filing dated October 8, 2026.

What To Watch

Investors will monitor the company’s response to the leadership changes and the ongoing investigation into securities law violations. The scheduled earnings date for the next quarter is not provided in the current data.