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Wall St Engine @wallstengine on x 73.7K followers
Created: 2025-07-03 07:18:40 UTC
STARBOARD BUILDS X% STAKE IN $TRIP
Activist investor Starboard Value has taken a stake of over X% in Tripadvisor, worth around $160M, making it one of the company’s top shareholders, per WSJ. Tripadvisor shares are down XX% this past year to a ~$1.8B market cap after rejecting takeover offers as high as $30/share in early 2024. Starboard’s plans for TRIP remain unclear.
XXXXX engagements
Related Topics market cap $30share acquisition $18b stocks wsj $160m investment