Why TripAdvisor Shares Were Rising Again Today
Shares of TripAdvisor (NASDAQ: TRIP) jumped over 4% at the stock market's open on Wednesday, joining the rest of the market's continued euphoria over the reopening of the economy. Travel and hospitality businesses have been among the hardest hit by the COVID-19 pandemic, but markets in the U.S. and around the globe are now coming out of the coronavirus-induced downturn. Transportation Security Administration (TSA) data shows the number of travelers going through airport checkpoints rose to 262,734 for the week ended May 23, more than any other week since March 28.
