Expedia Group shares are trading lower after the company lowered its full-year guidance.
Portfolio Pulse from Benzinga Newsdesk
Expedia Group's stock is trading lower following the company's announcement of a reduction in its full-year guidance.

May 02, 2024 | 8:50 pm
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Expedia Group's announcement of lowered full-year guidance has led to a decrease in its stock price.
When a company lowers its full-year guidance, it often indicates that the company may not perform as well as previously expected. This can lead to a decrease in investor confidence and a subsequent drop in the stock price. Given that Expedia Group has directly announced a reduction in its guidance, this is likely to have a negative impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
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