We consider the dynamics and stability of bright soliton stripes in the two-dimensional nonlinear Schrodinger equation with hyperbolic dispersion, under the action of transverse perturbations. We start by discussing a recently proposed adiabatic-invariant approximation for transverse instabilities and its limitations in the bright soliton case. We then focus on a variational approximation used to reduce the dynamics of the bright-soliton stripe to effective equations of motion for its transverse shift. The reduction allows us to address the stripes snaking instability, which is inherently present in the system, and follow the ensuing spatiotemporal undulation dynamics. Further, introducing a channel-shaped potential, we show that the instabilities (not only flexural, but also those of the necking type) can be attenuated, up to the point of complete stabilization of the soliton stripe.