TripAdvisor Jumps 22.5% Amid Strong Earnings, Expedia Acquisition of Orbitz

Shares of TripAdvisor (TRIP) ended Thursday's trading day up 22.5%, making it TheStreet's move of the day. The travel website posted strong fourth quarter earnings after the bell on Wednesday, but investors still seemed excited about the stock a day later. While earnings per share of $0.35 was a bit less than the $0.37 Wall Street was looking for, profits jumped 73% year-over-year. As for the top line numbers, revenue came in at $288 million, a 35% increase from the same quarter in 2013, and just eclipsed analyst forecasts of roughly $285.1 million. Revenue in North America grew 35% year-over-year and 39% in Europe, the Middle East and Africa, even amid the strengthening dollar. Aside from the company's positive earnings report, shares were also lifted amid news that Expedia (EXPE) is acquiring Orbitz Worldwide (OWW) for $12 per share totaling about $1.6 billion. TheStreet's Scott Gamm has details from New York.