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trivago: shares jump after analyst meeting.

(CercleFinance.com) - Shares in trivago jumped after the German hotel search platform backed previous earnings expectations yesterday at an analysts' meeting in New York.

In a reaction note published this morning, analysts at Susquehanna International said the company maintained its 2017 guidance, continuing to expect year-on-year revenue growth of 36%-39%.

Regarding guidance, Düsseldorf-based trivago did not provide specific 2018 guidance, although Susquehanna said it provided some qualitative comments, aiming at positive year-on-year growth in revenue and positive EBITDA for the second half of 2018.

The Nasdaq-listed shares are currently up 4.4% at 6.95 dollars following these comments, after jumping up to 7.58 dollars at one point. The stock is still down 40% year-to-date.

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