Expedia Inc (EXPE) has been at the center of considerable market activity with movements in both directions. Investor opinions vary greatly, some seeing the stock as undervalued with growth potential, others highlighting concerns over recent performance. Notably, several entities like the American International Group, Canada Life Assurance Co, and Illinois Municipal Retirement Fund sold significant shares. Conversely, Orion Portfolio Solutions, UniSuper Management, and First Trust Direct Indexing purchased significant shares, displaying confidence in the company's future performance.
Ken Fisher also recommended EXPE as a promising growth stock. The
stock experienced a dip due to weak
Vrbo performance leading to revised guidance. Despite lower guidance and uncertain outlook after Q4 results, some argue that
Expedia remains attractive to long-term Value Investors. There have been recent leadership changes, with a new CEO appointment causing mixed investor sentiment. However, several analysts maintain
Buy ratings due to resilient travel demand, impressive earnings beat, and record revenue. Ahead of earnings, some cautioned weaker results due to pandemic impacts; some surprises were better-than-expected financial results. However, the
revenue warning for 2024 on
softening air fares impacted the optimism.
Expedia Stocks EXPE News Analytics from Fri, 03 Nov 2023 07:00:00 GMT to Sat, 27 Jul 2024 12:30:25 GMT -
Rating -1
- Innovation 0
- Information 6
- Rumor -5
