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TripAdvisor Sharply Lower After Mixed Q3 Report

TripAdvisor Inc NASDAQTRIP shares are trading lower by $10.70 (17 percent) at $52.40 in Wednesday's session. Despite an inline Q3 EPS report, the Street is focusing its revenue shortfall of $15 million.

The report is in stark contrast to rival Priceline Group PCLN 1.43%, which posted a huge Q3 beat after the close on Monday.

In a volatile session, TripAdvisor has found resistance way ahead of the bottom of Tuesday's range ($62.82) as $56.02 stands as the high for the session.

On the downside, $52.21 stands as the low for the session, but it's now bearing down on that level. That marks the lowest level for the issue since it bottomed in May 2013 at $51.72.

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