Why Trivago Stock Plummeted Today

Why Trivago Stock Plummeted Today
Evan Niu, CFA, The Motley Fool

The travel booking platform got a modest price target increase, but it was below where the stock had been trading.

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  • Biden's foreign policy challenges, from Iran's nuclear program to Russian hacking

    These are the issues the Biden administration will be dealing with on the foreign policy front.

  • Alexandria Ocasio-Cortez: Capitol rioter charged with threatening to ‘assassinate’ congresswoman

    The Texas man also allegedly threatened a US Capitol police officer

  • Michigan Mega Millions ticket wins $1.05 billion jackpot

    Someone in Michigan bought the winning ticket for the $1.05 billion Mega Millions jackpot, which is the third-largest lottery prize in U.S. history. The winning numbers for Friday night’s drawing were 4, 26, 42, 50 and 60, with a Mega Ball of 24. The winning ticket was purchased at a Kroger store in the Detroit suburb of Novi, the Michigan Lottery said.

  • Psaki announces new White House effort to combat domestic extremism in wake of Capitol riot

    On Friday, White House press secretary Jen Psaki described a multipronged approach to combating domestic extremism.

  • Rioters who entered Capitol building may not be charged if they didn’t engage in violence, report says

    Federal officials do not want to crush court system with hundreds of cases

  • Iran, pressured by blackouts and pollution, targets Bitcoin

    Iran's capital and major cities plunged into darkness in recent weeks as rolling outages left millions without electricity for hours. With toxic smog blanketing Tehran skies and the country buckling under the pandemic and other mounting crises, social media has been rife with speculation. Within days, as frustration spread among residents, the government launched a wide-ranging crackdown on Bitcoin processing centers, which require immense amounts of electricity to power their specialized computers and to keep them cool — a burden on Iran's power grid.

  • Imperiling quick $1,400 checks, moderate Republicans push back on Biden's economic plan

    Biden's team appears ready to invest political capital trying to get Congress to approve another round of stimulus payments.

  • Judge Jeanine: Welcome to the Biden administration, home to the new slogan, 'America Last'

    The Judge highlights the agenda of the new Biden presidency

  • Tulsi Gabbard: Domestic-Terrorism Bill Is ‘a Targeting of Almost Half of the Country’

    Tulsi Gabbard, the former Democratic representative from Hawaii, on Friday expressed concern that a proposed measure to combat domestic terrorism could be used to undermine civil liberties. Gabbard’s comments came during an appearance on Fox News Primetime when host Brian Kilmeade asked her if she was “surprised they’re pushing forward with this extra surveillance on would-be domestic terror.” “It’s so dangerous as you guys have been talking about, this is an issue that all Democrats, Republicans, independents, Libertarians should be extremely concerned about, especially because we don’t have to guess about where this goes or how this ends,” Gabbard said. She continued: “When you have people like former CIA Director John Brennan openly talking about how he’s spoken with or heard from appointees and nominees in the Biden administration who are already starting to look across our country for these types of movements similar to the insurgencies they’ve seen overseas, that in his words, he says make up this unholy alliance of religious extremists, racists, bigots, he lists a few others and at the end, even libertarians.” She said her concern lies in how officials will define the characteristics they are searching for in potential threats. “What characteristics are we looking for as we are building this profile of a potential extremist, what are we talking about? Religious extremists, are we talking about Christians, evangelical Christians, what is a religious extremist? Is it somebody who is pro-life? Where do you take this?” Gabbard said. She said the proposed legislation could create “a very dangerous undermining of our civil liberties, our freedoms in our Constitution, and a targeting of almost half of the country.” “You start looking at obviously, have to be a white person, obviously likely male, libertarians, anyone who loves freedom, liberty, maybe has an American flag outside their house, or people who, you know, attended a Trump rally,” Gabbard said. The Domestic Terrorism Prevention Act of 2021 was introduced in the House earlier this week in the aftermath of rioting at the U.S. Capitol earlier this month that left five dead. “Unlike after 9/11, the threat that reared its ugly head on January 6th is from domestic terror groups and extremists, often racially-motivated violent individuals,” Representative Brad Schneider (D., Ill.) said in a statement announcing the bipartisan legislation. “America must be vigilant to combat those radicalized to violence, and the Domestic Terrorism Prevention Act gives our government the tools to identify, monitor and thwart their illegal activities. Combatting the threat of domestic terrorism and white supremacy is not a Democratic or Republican issue, not left versus right or urban versus rural. Domestic Terrorism is an American issue, a serious threat the we can and must address together,” he said.

  • Overseas travellers returning to the UK face paying for 10 extra days at a hotel

    British families returning from foreign holidays will have to pay for an extra 10 days in an airport hotel under heavy guard, in plans backed by the Home Office. Senior Cabinet ministers are likely to approve a plan to force people returning from overseas to quarantine in a hotel to ensure that they cannot bring variants of Covid-19 back into the UK. The chief dispute at Cabinet level is whether the hotel quarantine rules apply to all visitors or just to those returning from coronavirus hotspots. Downing Street sources confirmed that hotel quarantining was likely to form part of the “next steps”, after Boris Johnson made clear at his press conference on Friday that more would have to be done on securing the borders. The plans will be thrashed out at a meeting of the Government’s Covid-Operational committee, chaired by Mr Johnson, the Prime Minister, on Tuesday. Home Secretary Priti Patel and Health Secretary Matt Hancock are understood to back tougher measures while Transport Secretary Grant Shapps and Chancellor Rishi Sunak support a more targeted approach. Ms Patel is understood to be pushing for all returning travellers, including Britons, to spend 10 days in a designated hotel near an airport or port on returning. Talks are already underway with hotel chains including Holiday Inn-owner IHG. Taxpayers would cover the cost of security guards to ensure they did not attempt to leave the hotel or go home. One Home Office source said: “You have to do it for everything or it makes it pointless.” One source said: “Officials are sounding out which chains would be interested. They are empty. It makes sense for a lot of them. “It is working out what it looks like in practice, that is what is happening over the weekend.” The hope is that the current numbers of arrivals (around 10,000 a day) will slow to a trickle of several thousand visitors a day once the measures are adopted. The quarantine plan is favoured to Australian-style border closures which could leave Britons stranded and force the Government to fund an airlift operation to bring them home.

  • Tse Chi Lop: Alleged Asian drug lord arrested in Amsterdam

    Australia believes Tse Chi Lop's syndicate controls up to 70% of narcotics entering the country.

  • Priest who attended pro-Trump rally ahead of Capitol insurrection is suspended from post and may be defrocked

    Reverend Mark Hodges described event as ‘joyful, positive and orderly’

  • Syrian state media: Israeli warplanes strike Syria, kill 4

    Syrian state media said Israeli warplanes fired several missiles toward central Syria early on Friday, killing a family of four — including two children — and wounding four other people. There was no immediate comment from Israel on the claim. Separately, the Israeli military said it downed a drone that had crossed into Israel from Lebanon.

  • Kenosha killing suspect Rittenhouse's bond terms changed after bar visit

    Attorneys for Rittenhouse did not object to the changes. Rittenhouse is accused of killing two amid protests last year.

  • Conspiracy theorist Alex Jones loses bid to throw out defamation cases from Sandy Hook parents

    Infowars founder claimed shooting was 'a giant hoax’ and that grieving parents were actors

  • Trump's team fired the White House chief usher right before Biden took office, maybe at Biden's request

    When President Biden and first lady Dr. Jill Biden arrived at the White House on Wednesday afternoon, there was no chief usher to greet them. He had been fired at about 11:30 a.m., half an hour before Biden was sworn in as president, The New York Times reports. Former first lady Melania Trump had hired the chief usher, Timothy Harleth, from the Trump International Hotel in Washington, D.C., in 2017, after the previous chief usher, Angella Reid, was dismissed a few months into Donald Trump's term.The White House chief usher is in charge of the first family's residence, overseeing everything from personnel issues to budgets. It is typically an apolitical job, and ushers typically stay through several administrations. Reid, hired in 2011, was only the ninth chief usher since 1885, though she was the first woman hired for the job. The Bidens had communicated to the White House counsel that they intended to bring in their own chief usher, a person familiar with the process told the Times. A Biden White House official told CNN that Harleth "was let go before the Bidens arrived," though CNN reports it was the Bidens who gave him the ax.Harleth was already in hot water with Trump's team, though. He "had found himself in an untenable position" since the election, "trying to begin preparations for a new resident in the White House, even as its occupant refused to concede that he would be leaving the premises," the Times reports. And Trump's chief of staff, Mark Meadows, was "unhappy" with Harleth "for trying to send briefing books about the residence to the Biden transition team in November." Harleth "had worked with Jill Biden's staff for weeks to organize the move of household belongings," The Washington Post adds.The absence of a chief usher was one manifestation of the chaotic transition period, but it doesn't entirely explain the curious breach in protocol where nobody opened the doors for the BIdens when they arrived at the White House, the Times notes. The doors, which awkwardly stood closed for about 10 long seconds as the Bidens watched, are typically opened by Marine guards.Once the Bidens passed through the doors into the newly sanitized White House, things got better, the Post reports. "Awaiting Biden in a room adjacent to the Oval Office were two trays stacked with chocolate chip cookies, each one in plastic wrap with a gold presidential seal."More stories from theweek.com 7 brutally funny cartoons about Trump's White House exit McConnell is already moving to strangle the Biden presidency 'No way' McConnell has had a post-Trump 'epiphany,' political scientist says

  • Lucas Interior Embraces Color to Modernize Palm Springs Spanish Revival Home

    “The materials and colors took center stage,” said David Lucas when it came to the design of the home.Originally Appeared on Architectural Digest

  • Mongolian PM quits in COVID-19 hospital treatment scandal

    Mongolia’s prime minister has resigned following a protest over a hospital’s treatment of a new mother who tested positive for the coronavirus. Ukhnaagiin Khurelsukh, whose Mongolian People’s Party holds a strong majority in the parliament known as the State Great Khural, stepped down Thursday night after accusing President Khaltmaagiin Battulga of the Democratic Party of orchestrating a political crisis. A small protest broke out in the capital Ulaanbaatar Wednesday after TV footage appeared of a woman who had just given birth being escorted in slippers and a thin robe from the maternity ward to a special wing for COVID-19 patients while holding her newborn.

  • Biden has stopped construction on Trump's border wall, but the fate of outstanding contracts is unclear

    Among the first 17 executive orders President Biden signed Wednesday evening was one hitting "pause" on construction of former President Donald Trump's border wall. "It shall be the policy of my administration that no more American taxpayer dollars be diverted to construct a border wall," Biden's order said. "I am also directing a careful review of all resources appropriated or redirected to construct a southern border wall."Biden gave the Pentagon and Homeland Security departments up to a week to stop all border construction, and for the most part, the frantic wall-building Trump had unleashed in his last months in office had stopped by Thursday, The Associated Press reports. The Army Corps of Engineers said Thursday it told its contractors to stop installing any additional barriers and do only what's "necessary to safely prepare each site for a suspension of work."Biden gave his administration 60 days to find and review all current contracts and determine which can be canceled, which must be renegotiated, and whether any of the remaining money can be used on other projects. Trump, as of Jan. 15, had spent $6.1 billion of the $10.8 billion in wall construction it had contracted out, a Senate Democratic aide told AP. Overall, the Trump administration had secured $16.45 billion for the wall, including $5.8 billion appropriated by Congress and the rest seized from the Treasury and Defense departments. Biden is targeting that latter pot of money.Trump says he built 450 miles of his wall, though almost all of that was replacement for other barriers. His administration signed contracts for constructing 664 miles, the Senate aide told AP. "Trump said the border wall would be 'virtually impenetrable' and paid for by Mexico, which never happened," AP notes. "While the wall is much more formidable than the barriers it replaced, it isn't uncommon for smugglers to guide people over or through it. Portions can be sawed with power tools sold at home improvement stores."More stories from theweek.com 7 brutally funny cartoons about Trump's White House exit McConnell is already moving to strangle the Biden presidency 'No way' McConnell has had a post-Trump 'epiphany,' political scientist says

  • Islamic State claims deadly and rare twin blasts in Baghdad

    The Islamic State claimed responsibility for a rare suicide attack that rocked central Baghdad, killing 32 people and wounding dozens. According to officials, the first suicide bomber cried out loudly that he was ill in the middle of the bustling market, prompting a crowd to gather around him — and that’s when he detonated his explosive belt. The U.S.-led coalition recently ceased combat activities and is gradually drawing down its troop presence in Iraq, sparking fears of an IS resurgence.