Published May 4, 2016 4:24pm EDT | Updated May 4, 2016 5:04pm EDT

TripAdvisor Shares Fall After Quarterly Results Miss

TripAdvisor Inc. shares dropped in the extended session Wednesday after the travel-booking website fell short of Wall Street estimates for the first quarter. TripAdvisor shares fell 6.9% to $58.75 after hours. The company reported adjusted first-quarter earnings of 32 cents a share on revenue of $352 million. Analysts surveyed by FactSet had estimated 46 cents a share on revenue of $370.6 million.