Tuesday, February 17, 2026 at 1:00 AM
Activist investor Starboard Value is planning to push for a significant change in Tripadvisor's board, aiming to nominate a majority of its members, following the company's recent disappointing earnings report.
The travel-site operator’s stock recently fell after quarterly earnings missed analyst expectations.
The vacation rental company posted higher revenue but lower profit, as investments in new business drive up expenses.
The investment firm has a stake of over 10% and could run a proxy fight.
The activist investor has taken a stake in LSEG, where it is likely to push for increased stock buybacks and action to lift profit margins.
