|
Feb 18
|
|
$10.46
$10.46
+0.0%
|
N/A
|
Finnhub News
|
— |
Finnhub - TRIP
Tripadvisor: A Focus On Experiences Won't Sto...
|
|
Feb 17
|
|
$10.54
$10.46
-0.8%
|
LONG
|
Romaine Bostick
Anchor, Bloomberg
|
Activist investor Elliott Investment Management has built a >10% stake in Norwegian Cruise Line (NCLH), claiming 150% upside. Similarly, Starboard Value is targeting TripAdvisor (TRIP) due to prolonged underperformance. Activist involvement typically forces management to cut costs, spin off assets, or sell the company, creating a hard floor for the stock price and a catalyst for repricing. The specific mention of "150% upside" for NCLH sets a high anchor for investor expectations. LONG. Follow the "smart money" activists who are stepping in to unlock value in beaten-down travel/leisure names. Management successfully fights off the activists; consumer travel spending slows down significantly. |
Bloomberg Markets
US Stocks Climb as Gold and Silver Slip | Clo...
|
|
Feb 17
|
|
$10.54
$10.46
-0.8%
|
LONG
|
Crystal Tse
Deals Reporter, Bloomberg
|
Activist activity is surging. Elliott has a >10% stake in Norwegian Cruise Line (NCLH). Starboard is pushing TripAdvisor (TRIP) for a sale. Jana Partners is in Pfizer (PFE). Danaher (DHR) is acquiring Masimo (MASI). Activists (Elliott, Starboard) are aggressively pushing for immediate value unlocking via sales, splits, or operational overhauls. This historically creates a floor for the stock price and drives short-term upside as the market prices in M&A premiums. Long the activist targets (NCLH, TRIP, MASI). Deal talks fail; activists exit without forcing change. |
Bloomberg Markets
Open Interest 2/17/2026
|
|
Feb 17
|
|
$10.54
$10.46
-0.8%
|
LONG
|
News (Dani Burger)
|
Starboard Value has taken a stake in TripAdvisor. Similar to NCLH, activist presence suggests a push for value unlocking, potentially through a breakup or sale of assets. LONG TRIP. Turnaround execution failure. |
Bloomberg Markets
Bloomberg Surveillance 2/17/2026
|
|
Feb 17
|
|
$10.54
$10.46
-0.8%
|
N/A
|
Finnhub News
|
— |
Finnhub - TRIP
DA Davidson Maintains Neutral on Tripadvisor,...
|
|
Feb 17
|
|
$10.54
$10.46
-0.8%
|
N/A
|
Finnhub News
|
— |
Finnhub - TRIP
Goldman Sachs Maintains Buy on Tripadvisor, L...
|
|
Feb 17
|
|
$10.54
$10.46
-0.8%
|
LONG
|
Carl Quintanilla
Anchor, CNBC
|
"Starboard Value wants to shake up TripAdvisor. The activist now owns more than 9% of the company and reportedly plans to nominate a majority slate of TripAdvisor board." Activist involvement, especially from a high-profile firm like Starboard seeking majority control, typically signals aggressive moves to unlock shareholder value (spin-offs, sale, or operational overhaul), driving the stock price up. LONG on the catalyst of activist intervention. The activist campaign could fail or become drawn out without immediate results. |
CNBC
5 Things To Know: February 17, 2026
|
|
Feb 17
|
|
$10.54
$10.46
-0.8%
|
N/A
|
Finnhub News
|
— |
Finnhub - TRIP
Starboard Urges Tripadvisor To Explore Sale O...
|
|
Feb 16
|
|
$9.61
$10.46
+8.8%
|
N/A
|
Finnhub News
|
— |
Finnhub - TRIP
The Wall Street Journal Reported Starboard Va...
|