Tripadvisor (TRIP) Gets Attention Following Expedia (EXPE) Q1 Results
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Tripadvisor (Nasdaq: TRIP) is seeing increased volatility Friday following earnings from peer Expedia (Nasdaq: EXPE).
Market data has implied volatility up 6.7 percent from Thursday's close and up 121 percent over its historical average.
Shares are up 6.8 percent following a pop over the $36.50 resistance level. Tripadvisor is slated to report its first-quarter numbers on May 1st.
After the market closed Thursday, Expedia reported a first-quarter earnings beat of 11 cents per share on stronger revs.
Market data has implied volatility up 6.7 percent from Thursday's close and up 121 percent over its historical average.
Shares are up 6.8 percent following a pop over the $36.50 resistance level. Tripadvisor is slated to report its first-quarter numbers on May 1st.
After the market closed Thursday, Expedia reported a first-quarter earnings beat of 11 cents per share on stronger revs.
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