Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of travel website operator TripAdvisor
So what: For the quarter, TripAdvisor's total revenue clocked in at $197 million, up 16% from the year before, while earnings per share were $0.41. The company's per-share profit matched analysts' expectations, but revenue fell short of the $204 million average estimate. In particular, the company's international growth slowed markedly, while the revenue contribution from its former parent, Expedia
Now what: Investors seem to be taking the results from TripAdvisor as a sign of things to come from other Internet travel companies -- shares of both Expedia and priceline.com
Want to keep up to date on TripAdvisor? Add it to your Watchlist.