TripAdvisor Stock Plummets Amid Declining Revenue Growth and Rising Competition

TrippAdvisor's stock has been plummeting in value over the past few years due to rising competition and slow growth. The company's recent results showed a 7% drop in revenue to $441 million, with its hotels segment seeing the most weakness.

The experiences' segment had an adjusted EBITDA of $30.8 million, down by 19% from a year earlier. TripAdvisor sold its subsidiary TheFork to American Express for $700 million, which is expected to reduce cash burn and shift value to a stronger balance-sheet operator.

However, analysts are bearish about the company's future prospects due to its declining revenue growth and increasing competition in the travel industry. The average estimate among analysts is that TripAdvisor's third quarter revenue will come in at $453 million, down by 17.8% from the same period last year.