- Trip.com Group Ltd. (Sponsored ADR, 9961) warned traders of expected long-term revenue headwinds and a forecasted 25% YoY drop in domestic air and ground transport revenue in June quarter.
- Analysts cut Trip.com Group Ltd. (9961) price targets after weaker Q2 guidance: Barclays $60, Citi $64, Benchmark $65, Mizuho $65 — ratings unchanged.
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Key facts: Trip.com warns 25% June-quarter transport drop; targets cut
Trip.com Group Ltd. (Sponsored ADR, 9961) warned traders of expected long-term revenue headwinds and a forecasted 25% YoY drop in domestic air and ground transport revenue in June