Why Expedia Stock Was Gaining Altitude Today
EXPEExpedia Group(EXPE) The Motley Fool·2024-08-10 02:41

A slowdown is coming, but there are reasons the stock can keep going.Shares of Expedia Group (EXPE 9.27%) were climbing today after the company posted better-than-expected results in the second quarter and investors looked past modest guidance for the third quarter.As of 1:48 p.m. ET, the stock was up 10.1% on the news. Expedia benefits from low expectationsLike other online travel agencies including Booking Holdings and Airbnb, Expedia reported slowing growth as consumer spending on travel slows.However, a ...