Travel Sites Active as Lone Pine Takes Bigger Stake in TripAdvisor (TRIP)
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Mandel's Lone Pine Raises Stake in Tripadvisor (TRIP) Over 5.0%
December 26, 2012 2:00 PM ESTIn a 13G filing on Tripadvisor (NASDAQ: TRIP), Stephen F. Mandel, Jr.'s hedge fund Lone Pine Capital disclosed a 5.04%, or 6,523,653 share, stake in the company. This is up 13.50% from the 5,747,707 shares held at the end of the latest quarter ending September 30, 2012.
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