NEW YORK, NY / ACCESSWIRE / February 7, 2017 / Travel stocks TripAdvisor and Expedia saw gains on Tuesday with TripAdvisor gaining for a second day in a row after speculation arose over the company being a takeover target. Both companies are expected to report earnings soon. Expedia, the world's largest online travel company, is expected to release its results on Thursday after the bell while TripAdvisor will be releasing their earnings on February 14th.

RDI Initiates Coverage on:

TripAdvisor, Inc.
https://rdinvesting.com/news/?ticker=TRIP

Expedia, Inc.
https://rdinvesting.com/news/?ticker=EXPE

TripAdvisor, Inc. shares were skyrocketing on Tuesday and closed the day up 14.65% on higher volume than usual. It's been now two days of gains for the company this week after reports about a takeover possibility have surfaced. SunTrust analyst Robinson Humphrey remarked that TripAdvisor was "a potential takeout candidate" and reiterated a "hold" rating on the stock. He lifted his price target on shares from $34 to $37. There has been no confirmation on this and it is primarily speculation. Recently TripAdvisor also added a new board member, Jay Hoag. Hoag is also serving on the boards of Netflix, Zillow, and Electronic Arts. TripAdvisor will be releasing its fourth quarter results on February 14th. Analysts are expecting the company to report a 1.3% decline in revenue and earnings in the range of $0.14 to $0.16.

Access RDI's TripAdvisor, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=TRIP

Expedia, Inc. shares closed up 1.78% on nearly 3.6 million shares traded yesterday. There was no significant news from the company to explain the slight gain but traders are looking forward to the company's next earnings release. Expedia is expected to report its fourth quarter 2017 results tomorrow after the bell. Many are eager to see how the company fared in this quarter because in the last quarter it delivered a surprise negative earnings result. It's been now four quarters in a row that Expedia has missed estimates. The company also announced not too long ago that it will be having a presentation at the Goldman Sachs Technology Conference in San Francisco on Tuesday, February 13, 2018 and at the ITB Berlin Convention in Berlin on Thursday, March 8, 2018.

Access RDI's Expedia, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=EXPE

Our Actionable Research on TripAdvisor, Inc. (NASDAQ: TRIP) and Expedia, Inc. (NASDAQ: EXPE) be downloaded free of charge at Research Driven Investing.

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