Expedia Surges on Improved Guidance

2 months ago

Tim Sten

"Expedia. So, that's ticker EXP. And wanted to point this one out. So, shares are up about 14% in after hours. Really big move. And it's coming after the company raised its fullear outlook for gross bookings and revenue and specifically signaling that strong travel trends are continuing into the holiday quarter. People are still spending money and they're trying to travel, so that's flowing through for Expedia."

The discussion on Expedia (EXP) notes a striking 14% after-hours increase driven by an upgraded full-year outlook for gross bookings and revenue, underpinned by robust travel trends. The strong catalyst provided by improved guidance and active consumer spending in travel is significantly boosting investor sentiment.

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