TripAdvisor's stock experienced a significant pre-market plunge of 5.02% following the release of its fourth-quarter financial results.
The sharp decline came after the company reported Q4 adjusted net income of $5 million, which fell well short of the IBES estimate of $19.4 million. Additionally, TripAdvisor posted a net loss of $38 million for the quarter, while revenue of $411 million slightly missed the $412.6 million analyst expectation.
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