TripAdvisor Down 19% In Premarket Trade On Profit Miss, Weak Outlook

TripAdvisor Inc: Shares of the company were trading at $19.17 before the bell and were on course to open at their lowest level since August.

TripAdvisor Inc's shares sank about 19% in premarket trade on Tuesday, a day after the online travel firm reported a weak quarterly profit and flagged a slowdown in revenue in the current quarter.

Shares of the company were trading at $19.17 before the bell and were on course to open at their lowest level since August.

Currency fluctuations, primarily in euros, shaved off revenue growth by about 11 percentage points during the third quarter, compared with a year earlier.