Tripadvisor stock surges 17% as Starboard Value builds sizable stake in online travel company
The Tripadvisor logo is displayed on a tablet. Mateusz Slodkowski | Sopa Images | Lightrocket | Getty Images Tripadvisor stock jumped 17% Thursday after Starboard Value revealed a more than 9% stake in the online travel company, according to a securities filing. The position was valued at about $160 million as of Wednesday’s close. “We…
