Changes in US stocks | Trip.US (TRIP.US) rose more than 18%, and aggressive investors invested more than 9% in Starboard Value

The Zhitong Finance App learned that on Thursday, Trip.US (TRIP.US) stock price increased. As of press release, the stock had risen more than 18% to 17.7 US dollars. According to the news, the activist investment agency Starboard Value revealed in a securities declaration that it already holds more than 9% of TripAdvisor's shares. The market value of this holding was around $160 million at the close of trading on Wednesday.

In fact, as early as last year, TripAdvisor said it had set up a special committee to explore strategic options, including potential sales, spin-offs, or other structural reforms. Today, Starboard Value's intervention has added more variables to the company's strategic direction.

Starboard Value has always been known for its radical style. It usually promotes corporate governance changes through large-scale shareholding, and makes suggestions such as replacing CEOs and cutting costs. Recently, the company just settled a board agency dispute with software giant Autodesk and successfully obtained two board seats. Prior to that, Starboard also pressured companies such as Tinder's parent company Match Group (MTCH.US), pharmaceutical giant Pfizer (PFE.US), and CRM.US (CRM.US) to push for internal reforms.