Trip.com crashed with an 83% revenue plunge and an 86% EPS miss to $0.83, while China's anti-monopoly investigation threatens further operational damage. Worse, management slashed Q2 guidance to just 3-8% growth as macro headwinds and compliance costs weigh on the travel giant.
Trip.com Group :
TCOM
TCOM
Stock Data
$42.45
$1.30 (2.97%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
China
Sector
CONSUMER CYCLICAL
Industry
TRAVEL SERVICES
Trip.com Group Ltd is a leading travel service provider offering a wide array of services including accommodation bookings, transportation ticketing, packaged tours, and corporate travel management. With a global presence, it caters to both leisure and business travelers, providing everything from hotel reservations and air tickets to travel insurance and in-destination services like tours and activities. The company operates popular brands such as Ctrip, Qunar, Trip.com, and Skyscanner, and has transitioned from Ctrip.com International, Ltd. in 2019, maintaining its headquarters in Shanghai, China since its inception in 1999.
Latest Activity
Trip.com reports after the bell, offering a window into whether Chinese travelers are returning to international destinations and posing real competition to Booking and Expedia.
All Trip.com Group Articles
13 Articles