Trip.com Group Limited U.S. shares fell over 16% in pre-market trade after weak first-quarter results.

On the news front, the company released its Q1 financial report, posting revenue of RMB 16.2 billion, a 17% year-on-year increase that slightly exceeded market expectations. However, net profit attributable to shareholders dropped sharply by 41.57% to RMB 2.499 billion. More critically, the company forecasts a significant deceleration in Q2 net revenue growth to a range of 3%-8%, largely driven by high energy prices, geopolitical volatility, and business rectifications following a market regulatory investigation. This projection marks what could be the slowest quarterly growth in four years, placing significant pressure on market sentiment.