Should You Invest In Trivago NV?

Trivago NV is a German multi-national organisation with headquarters in Dusseldorf. The company was founded in 2005 and provides an online platform that allows customers to find, compare, and book hotel experiences around the world. Trivago is listed on the NASDAQ GS under the ticker TRVG. Trivago also serves the travel industry, offering marketing services to hotels, travel agencies, and other online advertisers. The firm operates across the globe, with a total of over 50 localised platforms, offering more than 5,000,000 hotels and hotel alternatives to its customers, with accommodation options available in 190 countries. In 2013, travel giant Expedia acquired a 62% stake in Trivago through secondary purchase, and in 2016, Trivago launched on the NASDAQ. The TRGV share price hit a high of $23.66 in June 2017. As of September 2020, the company was showing a 52-week high of $5.00 and a 52-week low of $1.30. Trivago aims to be an independent source of information for travellers, while also allowing advertisers to grow their businesses by putting them in front of qualified customers searching for a specific travel experience. The firm is highly innovative and widely acknowledged as the technology leader within the global travel industry. Add TRVG stock to your eToro watchlist for more news and updates.