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Mass. mover

TripAdvisor stock falls as revenue misses estimates

Newton-based TripAdvisor was spun off from Expedia last year. Above, a Swiss cable car.

reuters

Newton-based TripAdvisor was spun off from Expedia last year. Above, a Swiss cable car.

TripAdvisor Inc., owner of the online travel site, plunged after quarterly sales missed estimates. It was the biggest one-day fall since the stock began trading. The shares had risen 72 percent this year through Tuesday. Revenue rose 16 percent to $197.1 million; analysts had estimated $203.6 million. Excluding some items, earnings were 41 cents a share, matching analyst projections.