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Activist investor Starboard Value pushes for Tripadvisor’s board overhaul after 46% stock drop and weak earnings.
Activist investor Starboard Value, which owns more than 9% of Tripadvisor, is pushing for a board overhaul, potentially replacing most directors, according to a February 16, 2026, Wall Street Journal report.
The move follows a 46% stock drop over the past year and weak fourth-quarter results, leaving Tripadvisor’s market value at $1.1 billion.
Starboard has previously urged strategic changes, including selling TheFork, and aims to boost performance through governance and operational reforms.
The company’s future remains uncertain amid industry competition and investor scrutiny.
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El inversor activista Starboard Value presiona por una revisión de la junta de Tripadvisor después de una caída de 46% en las acciones y ganancias débiles.