Tripadviso (TRIP) at New All-Time High Ahead of July 4th Holiday

July 2, 2012 10:33 AM EDT
Tripadvisor (Nasdaq: TRIP) shares are looking strong as the travel review site is hitting new highs following its split-off from Expedia (Nasdaq: EXPE) last December.

Shares are up 4 percent on the session, hovering around a new high at $46.59. Volatility is up 5 percent from last Friday's close, but just about at parity with its trailing daily average.

The sentiment is reflected through the sector ahead of the July 4th holiday, with Expedia, priceline.com (Nasdaq: PCLN), and Orbitz (NYSE: OWW) also positive on the session.


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