Expedia shares rise after company raises full-year outlook, citing progress abroad amid travel-demand concerns
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Expedia Group Inc. shares increased after the company raised its full-year outlook, driven by consumer demand and growth in advertising and business segments.
November 07, 2024 | 10:30 pm
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Expedia Group Inc. shares rose after the company raised its full-year outlook, citing strong consumer demand and growth in advertising and business segments.
The increase in Expedia's stock price is attributed to the company's improved full-year outlook, which is a positive signal for investors. The growth in consumer demand and key business segments suggests potential for increased revenues, justifying the stock's upward movement.
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