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flag Activist investor Starboard Value pushes for Tripadvisor’s board overhaul after 46% stock drop and weak earnings.

flag 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. flag 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. flag Starboard has previously urged strategic changes, including selling TheFork, and aims to boost performance through governance and operational reforms. flag The company’s future remains uncertain amid industry competition and investor scrutiny.

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