TripAdvisor, Inc. has recently issued a statement in response to the announcement by Starboard Value about its intention to nominate a slate of director candidates for election to the TripAdvisor board of directors at its 2026 annual meeting of stockholders.
In November 2025, TripAdvisor realigned its operating model around its leadership position in experiences and committed to the simplification of its legacy business, including announcing a significant cost reduction program. The company also expressed its transparency in driving value through the review of its portfolio in its third quarter 2025 and fourth quarter 2025 earnings.
On February 12, 2026, the company announced a process to explore monetization of TheFork. These actions demonstrate TripAdvisor's commitment to pursuing all avenues to drive value for shareholders.
The company's board and management team are focused on furthering the common goal of enhancing value for all shareholders. TripAdvisor will continue to take actions it believes will drive sustainable value as it executes its strategic priorities and further positions the company for long-term growth. Today the company's shares have moved -5.08% to a price of $13.28. If you want to know more, read the company's complete 8-K report here.
