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Expedia shares closed down 18% on Friday, their biggest single-day drop in nearly four years, after the online travel firm said it expected 2024 revenue growth rates to moderate.
Joe Terranova, senior managing director at Virtus Investment Partners, joins CNBC's 'Halftime Report' to explain what he's doing with Expedia.
Expedia Group Inc.'s stock on Friday headed for its lowest in nearly three months after Wall Street cast doubt on the online travel company's immediate future amid a surprise CEO change.
Expedia's (EXPE) fourth-quarter 2023 results reflect strength across the B2B business and lodging offerings.
Expedia just finished a record year in 2023, and it expects more record results in 2024. The stock is dropping because investors don't like the uncertainty of changing CEOs.
Expedia (EXPE) falls following 4Q earnings. Jenny Horne discusses this as Expedia announces a CEO transition plan.
Stocks are up today and investors wondering why have come to the right place as we have all the news behind Friday's rally! There are a few reasons for stocks rising today worth mentioning.
CNBC's Jim Cramer delivers his daily Mad Dash.
Expedia (NASDAQ: EXPE ) stock plunged 15% after disappointing bookings numbers and the departure of CEO Peter Kern. The travel site earned $132 million, 92 cents per share fully diluted, on revenue of $2.89 billion during the quarter.
Expedia Group Inc (NASDAQ:EXPE, ETR:E3X1) shares were knocked over 13% in pre-market trading as news broke of its chief executive's departure and that air travel demand appears to be weakening. Boss Peter Kern will step down in favour of insider Ariane Gorin in May, Expedia announced alongside final quarter results on Thursday, but will remain as the travel firm's vice chairman.