Trip.com trades lower as Q1 revenue misses amid decline in hotel average daily rate, lower prices

1 month ago 2

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Trip.com Group (NASDAQ:TCOM) was trading lower after the travel service provider missed Q1 revenue estimates amid a decline in hotel average daily rate and lower hotel prices.

Shares were -5.20% to $63.61 during Tuesday morning trade.

The Singapore-based travel-related services

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