Recent events have seen an increase in activity for Expedia Group, Inc. (NASDAQ:EXPE), with various entities adjusting their stake in the company. Public Employees Retirement Association of Colorado, Tower Research Capital LLC TRC, US Bancorp DE, and Allianz Asset Management GmbH have increased their holdings. Conversely, CenterBook Partners LP, Exencial Wealth Advisors LLC, Pinebridge Investments L.P., CIBC Asset Management Inc, TD Asset Management Inc, California State Teachers Retirement System and HSBC Holdings PLC have trimmed their position. Insider trading has also occurred with SVP Lance A. Soliday and Director Craig Jacobson selling company stocks. Simultaneously, 1832 Asset Management L.P. and NEOS Investment Management LLC have created substantial positions in the company.
Despite the promising market believe in Expedia, the firm's stocks have dropped significantly, with Q1 results and certain investor attitudes possibly being contributing factors. This decline in share prices, however, has been perceived by some stakeholders as a buying opportunity, and there is a general sentiment that Expedia will bounce back. News of top executives' departure sent shockwaves through the market, and further contributed to the fall in stocks but some, however, see this as a pivotal moment for the company's future growth.
Expedia Stocks EXPE News Analytics from Fri, 03 Nov 2023 07:00:00 GMT to Sun, 09 Jun 2024 11:41:02 GMT - Rating -6 - Innovation 5 - Information 6 - Rumor -4
