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Stock impact report

Why Trivago Stock Plummeted Today [The Motley Fool]

trivago N.V. - American Depositary Shares (TRVG) 
Last trivago n.v. - american depositary shares earnings: 2/13 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.trivago.com
Company Research Source: The Motley Fool
What happened Shares of Trivago ( NASDAQ:TRVG recession So what As consumers curb unnecessary travel in response to the outbreak, Trivago's hotel-booking platform is starting to feel the negative impacts. On the conference call discussing fourth-quarter results last month, management conceded that it was unclear just how much of a hit the company would take. Image source: Trivago. CEO Axel Hefer said: Generally speaking, it is very hard for us to quantify what the exact impact of the coronavirus is. We do see a drop in revenue specifically in Asian-Pacific countries. So that's the region that is most effected. But again it is very hard for us or anyone also to forecast how this will develop. Hefer also added that "there is some general softness in Europe and rest of the world overall." Now what Trivago offered a little more detail in its corresponding 0-F annual report, noting that the outbreak's impact on demand could also hurt its advertising business. "We also believe that the Wuha Show less Read more
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