Business

mass. movers

TripAdvisor purchases GateGuru for undisclosed sum

For the first three months of the year, TripAdvisor had net income of $62.3 million, up 29 percent year-over-year.
For the first three months of the year, TripAdvisor had net income of $62.3 million, up 29 percent year-over-year.
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TripAdvisor Inc.’s stock suffered along with the broader market on Thursday, though the shares remained near the high end of their 52-week range of $28.63 to $65.41. The Newton-based company this week said that it has acquired GateGuru, a mobile app that provides flight and airport information. It did not disclose the purchase price. It was TripAdvisor’s fourth acquisition since March. TripAdvisor provides travel reviews, news and information, and bookings on its website.