Group 1 - Trip.com Group Ltd (NASDAQ: TCOM) is a leading travel service provider, offering a range of services including hotel reservations, transportation ticketing, and packaged tours, primarily operating in China with a global presence [1] - Citigroup maintains a "Buy" rating for TCOM despite an ongoing antitrust probe by China's business regulator, which is focused on a suspected monopoly [2][6] - The stock experienced a significant decline, falling 16% to $63.59, marking its largest single-day percentage loss since November 8, 2018 [3][6] Group 2 - The current stock price is $62.10, reflecting a decrease of 17.94% with a change of $13.58, and it has fluctuated between a low of $61.40 and a high of $64.84 [4] - Over the past year, TCOM has reached a high of $78.99 and a low of $51.35, with a market capitalization of approximately $40.85 billion [4] - Options traders are showing increased bearish sentiment, with a 50-day put/call volume ratio of 1.05, indicating growing concern about the potential impact of the antitrust probe on Trip.com's future performance [5][6]
Trip.com Group Ltd (NASDAQ:TCOM) Faces Antitrust Probe Amidst Citigroup's Confidence