Trivago’s stock, trading under the symbol TRVG, had a modest opening day on its first day getting bought and sold on Nasdaq in New York, finishing up 7.73 percent at $11.85 per share. Investors decided that its valuation should be around $4 billion, compared with rival TripAdvisor’s $6.87 billion. The bankers handling the initial public offering, which priced at $11 per share on 15th December and opened at $11.20 on 16th December, had hoped to have Trivago’s stock debut in the $13 to $15 per share range but started out lower so they could generate the demand they needed.
We use necessary and (optional) analytics cookies on our websites to analyze traffic and personalize content.
do not want us to use optional cookies. We will set a cookie on your device to remember and honor your preference.1