MarketPulse

hotel pricing

2 articles
GlobeNewswire Inc.GlobeNewswire Inc.··Hagens Berman

Trip.com Stock Plunges 17% on AI Tool Controversy and China Regulatory Probe

Trip.com shares crater 17% after Chinese regulators investigate alleged anticompetitive AI pricing tool. Securities lawsuit filed; company shuts down tool.
TCOMsecurities class actionmarket manipulation
GlobeNewswire Inc.GlobeNewswire Inc.··Hagens Berman

Trip.com Plunges 17% as China Probes AI Tool, Investor Suit Filed

Trip.com shares crater 17% amid Chinese anti-monopoly investigation into allegedly coercive AI pricing tool. Securities class action filed; tool shut down, co-founders resign.
TCOMsecurities class actionmarket manipulation