What's Going On With Expedia (EXPE) Stock?
Portfolio Pulse from Henry Khederian
Expedia Group Inc (NASDAQ:EXPE) shares are trading higher by 3.3% to $116.99 as investors anticipate the company's second-quarter results, expected to report EPS of $3.06 on revenue of $3.534 billion. The stock had previously dropped in May after mixed first-quarter results and a downward revision of full-year guidance.
August 08, 2024 | 4:34 pm
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Expedia Group Inc (NASDAQ:EXPE) shares are up 3.3% to $116.99 as investors await Q2 results, with expected EPS of $3.06 on $3.534 billion revenue. The stock had previously dropped in May after mixed Q1 results and a downward revision of full-year guidance.
The anticipation of Q2 results with positive EPS and revenue expectations is driving the stock price up. The previous drop in May due to mixed Q1 results and revised guidance adds context to the current price movement.
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