NASDAQ Welcomes World's Largest Travel Site TripAdvisor to The NASDAQ Stock Market, Following Successful Spin-Off
The NASDAQ OMX Group, Inc.
21.12.2011 12:00
---------------------------------------------------------------------------
NEW YORK, 2011-12-21 12:00 CET (GLOBE NEWSWIRE) --
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that TripAdvisor, Inc.
(Nasdaq:TRIP), the world's largest travel site, has successfully completed its
spin-off from Expedia, Inc. (Nasdaq:EXPE) and has commenced trading as an
independent company on The NASDAQ Stock Market under the ticker symbol 'TRIP'.
Since Expedia announced shareholder approval of the spin-off on December 6,
2011, TripAdvisor has been trading under the ticker symbol 'TRIPV'. TripAdvisor
is a member of the S&P 500(r).
'TripAdvisor has transformed the way people plan and make travel decisions by
providing practical information from a huge community of millions of travelers
worldwide,' said Bob McCooey, Senior Vice President, NASDAQ OMX Corporate
Client Group. 'TripAdvisor embodies the innovative and progressive drive that
is characteristic of NASDAQ-listed companies. Because of these qualities,
NASDAQ is happy to announce that TripAdvisor is the official travel review site
of The NASDAQ Stock Market.'
TripAdvisor, an online travel research company, is the world's largest travel
site. By aggregating reviews and opinions from travelers about accommodations,
destinations, restaurants and activities all over the world, TripAdvisor
enables travelers to plan and have the perfect trip. Beyond travel-related
content, TripAdvisor websites also include links to the websites of its
advertisers, including travel advertisers, enabling travelers to directly book
their travel arrangements. In addition to the flagship TripAdvisor brand,
TripAdvisor manages and operates websites under 18 other travel media brands,
connected by the common goal of providing comprehensive travel planning
resources across the travel sector. TripAdvisor(r) Media Group companies attract
more than 65 million unique monthly visitors*. TripAdvisor-branded sites make
up the most popular and largest travel community in the world, with more than
50 million unique monthly visitors, 20 million members, and over 50 million
reviews and opinions**.
Since its foundation, NASDAQ OMX has consistently been the exchange of choice
for some of the world's largest and most revolutionary companies. By listing
with NASDAQ, TripAdvisor joins leading internet companies like Google, eBay,
Baidu, Yahoo, Yandex, Jive Software and Zynga.
About NASDAQ OMX:
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers
trading, exchange technology and public company services across six continents,
with more than 3,500 listed companies. NASDAQ OMX offers multiple capital
raising solutions to companies around the globe, including its U.S. listings
market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX first North, and the
U.S. 144A sector. The company offers trading across multiple asset classes
including equities, derivatives, debt, commodities, structured products and
exchange-traded funds. NASDAQ OMX technology supports the operations of over 70
exchanges, clearing organizations and central securities depositories in more
than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal
entities but describe the common offering from NASDAQ OMX exchanges in
Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more
information about NASDAQ OMX, visit http://www.nasdaqomx.com. *Please follow
NASDAQ OMX on Facebook (http://www.facebook.com/pages/NASDAQ-OMX/108167527653)
and Twitter (http://www.twitter.com/nasdaqomx).
The information contained above is provided for informational and educational
purposes only, and nothing contained herein should be construed as investment
advice, either on behalf of a particular security or an overall investment
strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes
any recommendation to buy or sell any security or any representation about the
financial condition of any company. Statements regarding NASDAQ-listed
companies are not guarantees of future performance. Actual results may differ
materially from those expressed or implied. Past performance is not indicative
of future results. Investors should undertake their own due diligence and
carefully evaluate companies before investing. ADVICE FROM A SECURITIES
PROFESSIONAL IS STRONGLY ADVISED.
About TripAdvisor
TripAdvisor, Inc. (Nasdaq:TRIP) is the world's largest travel site, enabling
travelers to plan and have the perfect trip. TripAdvisor(r) offers trusted advice
from real travelers and a wide variety of travel choices and planning features
with seamless links to booking tools. TripAdvisor-branded sites make up the
largest travel community in the world, with more than 50 million unique monthly
visitors*, and over 50 million reviews and opinions. The sites operate in 30
countries worldwide, including China under daodao.com. TripAdvisor also
operates TripAdvisor for Business, a dedicated division that provides the
tourism industry access to TripAdvisor's millions of monthly visitors.
TripAdvisor and its 18 subsidiary travel sites, operated by TripAdvisor Inc.,
attract more than 65 million unique monthly visitors**. TripAdvisor's
subsidiaries include: www.airfarewatchdog.com, www.bookingbuddy.com,
www.cruisecritic.com, www.everytrail.com, www.familyvacationcritic.com,
www.flipkey.com, www.holidaylettings.co.uk, www.holidaywatchdog.com,
www.independenttraveler.com, www.onetime.com, www.seatguru.com,
www.sniqueaway.com, www.smartertravel.com, www.travel-library.com,
www.travelpod.com, www.virtualtourist.com, www.whereivebeen.com, and
www.kuxun.cn.
TripAdvisor and the TripAdvisor logo are trademarks or registered trademarks of
TripAdvisor Inc. in the U.S. and/or other countries. All other trademarks are
the property of their respective owners.
*Source: comScore Media Metrix for TripAdvisor Sites, Worldwide, August 2011
**Source: comScore Media Metrix for TripAdvisor Inc. and its subsidiaries,
Worldwide, August 2011
(c)2011 TripAdvisor, Inc. All rights reserved.
The S&P 500(r) has been widely regarded as the best single gauge of the large cap
U.S. equities market since the index was first published in 1957. The index has
over US$5.58 trillion benchmarked, with index assets comprising approximately
US$1.3 trillion of this total. The index includes 500 leading companies in
leading industries of the U.S. economy, capturing 75% coverage of U.S.
equities. S&P 500 and S&P are registered trademarks of Standard & Poor's
Financial Services LLC.
NDAQG
CONTACT: Jennifer Knapp
+1 212 401 8916
Jennifer.Knapp@nasdaqomx.com
News Source: NASDAQ OMX
21.12.2011 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: The NASDAQ OMX Group, Inc.
United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US6311031081
WKN:
End of Announcement DGAP News-Service
---------------------------------------------------------------------------
The NASDAQ OMX Group, Inc.
21.12.2011 12:00
---------------------------------------------------------------------------
NEW YORK, 2011-12-21 12:00 CET (GLOBE NEWSWIRE) --
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that TripAdvisor, Inc.
(Nasdaq:TRIP), the world's largest travel site, has successfully completed its
spin-off from Expedia, Inc. (Nasdaq:EXPE) and has commenced trading as an
independent company on The NASDAQ Stock Market under the ticker symbol 'TRIP'.
Since Expedia announced shareholder approval of the spin-off on December 6,
2011, TripAdvisor has been trading under the ticker symbol 'TRIPV'. TripAdvisor
is a member of the S&P 500(r).
'TripAdvisor has transformed the way people plan and make travel decisions by
providing practical information from a huge community of millions of travelers
worldwide,' said Bob McCooey, Senior Vice President, NASDAQ OMX Corporate
Client Group. 'TripAdvisor embodies the innovative and progressive drive that
is characteristic of NASDAQ-listed companies. Because of these qualities,
NASDAQ is happy to announce that TripAdvisor is the official travel review site
of The NASDAQ Stock Market.'
TripAdvisor, an online travel research company, is the world's largest travel
site. By aggregating reviews and opinions from travelers about accommodations,
destinations, restaurants and activities all over the world, TripAdvisor
enables travelers to plan and have the perfect trip. Beyond travel-related
content, TripAdvisor websites also include links to the websites of its
advertisers, including travel advertisers, enabling travelers to directly book
their travel arrangements. In addition to the flagship TripAdvisor brand,
TripAdvisor manages and operates websites under 18 other travel media brands,
connected by the common goal of providing comprehensive travel planning
resources across the travel sector. TripAdvisor(r) Media Group companies attract
more than 65 million unique monthly visitors*. TripAdvisor-branded sites make
up the most popular and largest travel community in the world, with more than
50 million unique monthly visitors, 20 million members, and over 50 million
reviews and opinions**.
Since its foundation, NASDAQ OMX has consistently been the exchange of choice
for some of the world's largest and most revolutionary companies. By listing
with NASDAQ, TripAdvisor joins leading internet companies like Google, eBay,
Baidu, Yahoo, Yandex, Jive Software and Zynga.
About NASDAQ OMX:
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers
trading, exchange technology and public company services across six continents,
with more than 3,500 listed companies. NASDAQ OMX offers multiple capital
raising solutions to companies around the globe, including its U.S. listings
market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX first North, and the
U.S. 144A sector. The company offers trading across multiple asset classes
including equities, derivatives, debt, commodities, structured products and
exchange-traded funds. NASDAQ OMX technology supports the operations of over 70
exchanges, clearing organizations and central securities depositories in more
than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal
entities but describe the common offering from NASDAQ OMX exchanges in
Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more
information about NASDAQ OMX, visit http://www.nasdaqomx.com. *Please follow
NASDAQ OMX on Facebook (http://www.facebook.com/pages/NASDAQ-OMX/108167527653)
and Twitter (http://www.twitter.com/nasdaqomx).
The information contained above is provided for informational and educational
purposes only, and nothing contained herein should be construed as investment
advice, either on behalf of a particular security or an overall investment
strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes
any recommendation to buy or sell any security or any representation about the
financial condition of any company. Statements regarding NASDAQ-listed
companies are not guarantees of future performance. Actual results may differ
materially from those expressed or implied. Past performance is not indicative
of future results. Investors should undertake their own due diligence and
carefully evaluate companies before investing. ADVICE FROM A SECURITIES
PROFESSIONAL IS STRONGLY ADVISED.
About TripAdvisor
TripAdvisor, Inc. (Nasdaq:TRIP) is the world's largest travel site, enabling
travelers to plan and have the perfect trip. TripAdvisor(r) offers trusted advice
from real travelers and a wide variety of travel choices and planning features
with seamless links to booking tools. TripAdvisor-branded sites make up the
largest travel community in the world, with more than 50 million unique monthly
visitors*, and over 50 million reviews and opinions. The sites operate in 30
countries worldwide, including China under daodao.com. TripAdvisor also
operates TripAdvisor for Business, a dedicated division that provides the
tourism industry access to TripAdvisor's millions of monthly visitors.
TripAdvisor and its 18 subsidiary travel sites, operated by TripAdvisor Inc.,
attract more than 65 million unique monthly visitors**. TripAdvisor's
subsidiaries include: www.airfarewatchdog.com, www.bookingbuddy.com,
www.cruisecritic.com, www.everytrail.com, www.familyvacationcritic.com,
www.flipkey.com, www.holidaylettings.co.uk, www.holidaywatchdog.com,
www.independenttraveler.com, www.onetime.com, www.seatguru.com,
www.sniqueaway.com, www.smartertravel.com, www.travel-library.com,
www.travelpod.com, www.virtualtourist.com, www.whereivebeen.com, and
www.kuxun.cn.
TripAdvisor and the TripAdvisor logo are trademarks or registered trademarks of
TripAdvisor Inc. in the U.S. and/or other countries. All other trademarks are
the property of their respective owners.
*Source: comScore Media Metrix for TripAdvisor Sites, Worldwide, August 2011
**Source: comScore Media Metrix for TripAdvisor Inc. and its subsidiaries,
Worldwide, August 2011
(c)2011 TripAdvisor, Inc. All rights reserved.
The S&P 500(r) has been widely regarded as the best single gauge of the large cap
U.S. equities market since the index was first published in 1957. The index has
over US$5.58 trillion benchmarked, with index assets comprising approximately
US$1.3 trillion of this total. The index includes 500 leading companies in
leading industries of the U.S. economy, capturing 75% coverage of U.S.
equities. S&P 500 and S&P are registered trademarks of Standard & Poor's
Financial Services LLC.
NDAQG
CONTACT: Jennifer Knapp
+1 212 401 8916
Jennifer.Knapp@nasdaqomx.com
News Source: NASDAQ OMX
21.12.2011 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: The NASDAQ OMX Group, Inc.
United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US6311031081
WKN:
End of Announcement DGAP News-Service
---------------------------------------------------------------------------