Abnormal movement in US Stock | TripAdvisor (TRIP.US) surges over 18% with aggressive investor Starboard Value acquiring over 9% stake.

According to the Wise Finance APP, on Thursday, the stock price of TripAdvisor (TRIP.US) rose, as of the time of publication, the stock price increased by more than 18%, reaching $17.7. On the news front, the aggressive investment institution Starboard Value disclosed in a securities filing that it holds over 9% of TripAdvisor's shares. The market value of this stake at the close of trading on Wednesday was approximately $160 million.