Tripadvisor’s Surge: Evaluating Potential Transactions

Shares of Tripadvisor Inc. Soar as Special Committee Considers Potential Transaction

Shares of travel-services platform Tripadvisor Inc. experienced a significant surge in after-hours trading on Monday, increasing by 10.9%. The stock’s rise came following the company’s announcement that it has formed a special committee to evaluate “any proposals that may be brought forward for a potential transaction.”