TripAdvisor soars after reporting stronger-than-expected revenue (TRIP)

TripAdvisor‘s stock rose Thursday after reporting better-than-expected revenue for the fourth quarter of 2017. Its revenue beat was driven by higher sales from mobile transactions, according to an Oppenheimer analyst. View TripAdvisor’s stock price in real time here.

Shares of TripAdvisor jumped after the online-travel-booking company reported quarterly revenue that was stronger-than-expected, driven by higher mobile-transaction sales. The stock was up 9.5% at $44.59 per share.

Hotel revenue grew faster than its direct marketing

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