Expedia Group, Inc. (EXPE) has had a mixed quarter with diverse market activities seen from various key players. Shares were sold off by both Nomura Asset Management Co. Ltd. and Artisan Partners Limited Partnership in significant quantities. On the other hand, Corient Private Wealth LLC and D.A. Davidson & CO. also sold off EXPE stocks, whereas Avantax Advisory Services Inc. and Kingsview Wealth Management LLC made purchases. The travel booking giant's Q1 results led to a stock decline of 11% this year, with further drops reported later. However, despite the fall, EXPE reported better-than-expected sales in Q1, although the stock still dropped.
Market sentiment concerning EXPE has fluctuated, with a recent rating reiterated as 'Market Perform' at BMO Capital Markets. Some advisory services have reduced their positions, including Janney Montgomery Scott LLC. Meanwhile, the impact of a surprise CEO change led to a sharp fall in stock valuation. But despite concerns, EXPE's shareholders have seen a 40% return over the last year. Some financial analysts continue to forecast positive growth for EXPE while others have cut their price targets.
Expedia Stocks EXPE News Analytics from Fri, 03 Nov 2023 07:00:00 GMT to Thu, 30 May 2024 11:19:17 GMT - Rating -2 - Innovation -5 - Information 5 - Rumor -3
