Expedia's Positive Outlook Amid Travel Recovery

2 months ago

Tim Stanovic

"Let's go to Expedia. Ticker is XXP and that was definitely on the move this week too. The stock is nearly up 18% since it reported last night. Unlike under consumer stock, the travel booking site raised its fullear outlook. It kind of shows that people expect to keep traveling. Though there remain concerns with flight cancellations and the FAA noting that maybe up to 20% of US flights could be cancelled soon."

Expedia (XXP) is reported up nearly 18% following improved guidance, despite looming risks from potential flight cancellations. The commentary underscores a generally positive near-term travel industry sentiment.

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