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The lackluster forecast caused Expedia stock price to slip after its earnings report May 2. Expedia was up about 27 percent from the prior year as of May 15. 2 travel ETFs to consider: JETS and PEJ
A slowdown is coming, but there are reasons the stock can keep going.
On the winning side of Wall Street was Expedia Group, which leaped 17.3% after reporting better profit for the last three months of 2024 than analysts had forecast. Expedia CEO Ariane Gorin said demand for travel during the latest quarter was stronger than expected, and the company is also bringing back its dividend for investors.
The consensus price target hints at a 27.1% upside potential for Expedia (EXPE). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings ...
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(Reuters) -Expedia shares tumbled as much as 13% to a near six-month low in early trading on Friday, after the online booking firm cut its annual forecast for revenue growth due to weakness at its ...
Expedia stock jumped as much as 7% on Thursday, while Uber tumbled up to 3%, following a report the ride-hailing giant recently explored a takeover of the travel group. ... USA TODAY Sports. Jason ...
The successful prediction of a stock's future price could yield significant profit. The efficient market hypothesis suggests that stock prices reflect all currently available information and any price changes that are not based on newly revealed information thus are inherently unpredictable. Others disagree and those with this viewpoint possess ...
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