In March of 2014 the S&P-500 (NYSEARCA:SPY) stood at 1800 and few questioned the validity of the bull market. At the same time, TripAdvisor (NASDAQ:TRIP) was trading at $108.00, and had seen a 350% run since its IPO in 2012. TripAdvisor was seen as a must own stock which had significantly outperformed the market, and was even compared to Priceline(NASDAQ:PCLN) by one writer. Since March of 2014, Priceline and TripAdvisor have clearly diverged. While Priceline has seen a 5% increase in its share price, from $1360 to $1,430, TripAdvisor has seen a 43% decline. The stock has fallen from $108.06 to $61.31, and has been nearly halved.
To read more, you’re welcome to follow this link to the Seeking Alpha article written by Mr. Dart