Expedia shares are trading higher after the company reported better-than-expected Q3 financial results, announced a $5 billion share repurchase authorization and reiterated full year guidance.
Portfolio Pulse from Benzinga Newsdesk
Expedia reported better-than-expected Q3 financial results, announced a $5 billion share repurchase authorization, and reiterated full year guidance. This has led to a rise in the company's share price.

November 02, 2023 | 8:46 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Expedia's strong Q3 results, share repurchase plan, and reiteration of full year guidance have positively impacted its stock price.
Expedia's better-than-expected Q3 results indicate a strong financial performance. The announcement of a $5 billion share repurchase plan is a positive signal to investors, as it shows the company's confidence in its own stock. The reiteration of full year guidance also provides stability and predictability, which are favorable to the stock market. These factors have led to a rise in Expedia's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100