Analysts Can’t Explain Why Liberty TripAdvisor Shares Jumped 944% [Yahoo! Finance News]
LIBERTY TRIPADVISOR HL A (LTRPA)
US:NASDAQ Investor Relations:
ir.libertytripadvisorholdings.com/events.cfm
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Source: Yahoo! Finance News
) -- Liberty TripAdvisor Holdings Inc.’s crazy week left analysts scratching their heads about what might have caused the stock to surge as much as 2,700% in one session.The series B shares soared on unusually high volume, and Wednesday’s move was so inexplicable that the company issued a statement indicating it was “not aware of the reasons for the recent volatility in its stock price.” The stock pared gains on Friday, trimming its weekly advance to 944%, still by far the biggest move in the company’s five-and-a-half year trading history.“I don’t see any fundamental grounds for this sort of move,” said James Ratcliffe, managing director for communications services equity research at Evercore ISI.It’s worth noting that on April 14, Liberty TripAdvisor received a notice from the Stock Market indicating that the market value of its series B shares for the past 30 days had fallen below the $1 million threshold for continued listing. The company was given 180 days to regain compliance, a
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News
- Liberty TripAdvisor Holdings, Inc. (NASDAQ: LTRPA) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Liberty TripAdvisor Holdings, Inc. (NASDAQ: LTRPA) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Liberty TripAdvisor Holdings, Inc. (NASDAQ: LTRPA) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Tripadvisor Is Still Considering Strategic Alternatives [Yahoo! Finance]Yahoo! Finance
- Liberty TripAdvisor Holdings, Inc. (NASDAQ: LTRPA) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
LTRPA
Sec Filings
- 11/18/24 - Form SC
- 11/6/24 - Form 10-Q
- 10/22/24 - Form 8-K
- LTRPA's page on the SEC website