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Wajeeh Khan

Starboard Is Betting Big on Tripadvisor Stock. Should You?

Tripadvisor (TRIP) shares closed nearly 17% up on Thursday after Starboard Value announced a $160 million or 9% stake in the global travel platform, which it said was “undervalued” at current levels. 

The activist investor hasn’t yet disclosed its plans for the firm, but its track record of successfully restructuring consumer-facing companies is already rekindling interest in TRIP shares. 

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