Expedia Stock Jumps on Report That Uber Has Explored Takeover
Expedia Group(EXPE) Investopedia·2024-10-17 21:25
Key TakeawaysExpedia shares rose Thursday morning following a report that Uber Technologies has explored acquiring the travel booking company.An acquisition of the travel booking giant would help Uber's efforts toward becoming a "super app," the Financial Times reported Wednesday.Uber has grown through a number of acquisitions, and has said new deals are a priority. Expedia (EXPE) shares surged while those of Uber Technologies (UBER) moved lower Thursday morning following a report from the Financial Times t ...