Why Trip.com Group Limited (TCOM) Went Down on Tuesday

We recently published an article titled Two of 10 Worst-Performing Stocks Fall to All-Time Lows on Tuesday. In this article, we are going to take a look at where Trip.com Group Limited (NASDAQ:TCOM) stands against the other stocks.

Wall Street extended a lackluster performance on Tuesday, with two of its major indices ending with marginal movements amid a series of key economic factors dampening investor sentiment.

Only the Dow Jones finished in the green territory, posting a 0.37 percent gain. In contrast, the S&P decreased by 0.47 percent while the tech-heavy Nasdaq fell by 1.37 percent.

Mirroring the mostly broader pessimism are 10 companies, with two even falling to new all-time lows. In this article, we have detailed the reasons behind their drop.

To come up with Tuesday’s worst performers, we considered only the stocks with $2 billion in market capitalization and $5 million in daily trading volume.

A customer in a travel agents office, highlighting the convenience of the companies corporate travel solutions.

Trip.com Group Limited (NASDAQ:TCOM)

Trip.com Group Limited (NASDAQ:TCOM) tumbled by 11.38 percent on Tuesday, finishing the trading session at $57.30 apiece, shunning news of impressive performance last year.

In its latest earnings release, Trip.com Group Limited (NASDAQ:TCOM) said net income for the last quarter of 2024 surged by 63 percent to RMB2.191 billion from RMB1.342 billion, as revenues rose by 23.5 percent to RMB12.768 billion from RMB10.338 billion.

Meanwhile, net income for full year 2024 expanded by 72 percent to RMB17.227 billion from RMB10.002 billion, while revenues increased by 19.8 percent to RMB53.377 billion from RMB44.562 billion.

As part of its ongoing commitment to deliver stakeholder value, the company announced a cash dividend of $0.30 per share, for a total of $200 million. The dividends are as of the record date of March 17, 2025, payable on March 27, 2025.

Overall TCOM ranks 8th on our list of Tuesday’s worst performers. While we acknowledge the potential of TCOM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as TCOM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.