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MarketFoolery

TripAdvisor’s Big Win & Fitbit’s Hot IPO

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 18 June 2015

⏱️ 17 minutes

🧾️ Download transcript

Summary

TripAdvisor’s new partnership with Marriott has shares on the rise. Fitbit’s stock soars on opening day, but we’re going to pass for now. Plus we preview CNBC’s documentary on the business of extreme sports and offer investing takeaways from Hawaii.

Transcript

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0:00.0

It's Thursday, June 18th.

0:03.3

Welcome to Market Foolery.

0:04.4

I'm Chris L. joining me in studio today

0:06.4

from a million dollar portfolio in Motley Fool Rule

0:08.8

Breaker, Simon Ericsson, and from Motley Fool Rule

0:11.7

Breakers and Supernova, David Kretsman.

0:13.7

Happy Thursday guys.

0:14.7

Hello there, Chris.

0:16.1

We got an IPO to talk about.

0:17.7

That's always fun.

0:19.5

Oh yes.

0:20.5

We do.

0:21.5

We love the hot IPO. We've got a few other things to talk about.

0:26.0

Before we get to the hot IPO, let's start with some news from yesterday that continues to ripple into today, and that is TripAdvisor which on

0:35.9

Wednesday announced it was expanding its partnership with Marriott so now I guess

0:41.6

later this summer people who are on TripAdvisor.com looking for hotel

0:45.8

rooms will be able to directly book any of Marriott's, I don't know, they have more than 4,000 hotels, something like that.

0:54.5

Any of those rooms without having to leave the TripAdvisor website and David shares

0:59.8

a TripAdvisor up around 15% yesterday, up another 3% today.

1:03.6

How big a deal is this for TripAdvisor?

1:06.2

I think this is a really good sign.

1:07.8

It might not have an immediate impact financially,

...

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