$TRIP.COM-S (09961.HK)$ , whose 3Q23 net profit leapfrogged ...

$TRIP.COM-S(09961.HK)$ , whose 3Q23 net profit leapfrogged 16.4 times on a yearly basis, cascaded 6.8% to $256.8 at market open this morning. Nomura downgraded $Trip.com(TCOM.US)$ to Neutral. The broker acknowledged the stronger-than-expected 3Q23 net profit but viewed the 4Q23 guidance as below forecasts.