Expedia (EXPE) has seen significant market action recently, with stock prices fluctuating in response to various factors. Despite concerns about slumping travel demand,
Q2 results were better than feared, leading to a jump in stocks. However, even with a 23% decrease this year so far, prospects remain uncertain post-Q2. Notably, Cwm LLC decreased its holdings in Expedia, resulting in a dip, but prices bounced back after an earnings beat and an analyst upgrade. Despite a gap up in shares,
DA Davidson has reiterated their rating for
Expedia Group. The firm's Q2 success was underlined by enormous growth in business partnerships, particularly praising Vrbo as a 'bright spot'. However, predictions of Q1 recovery fell short and stock value slipped 11%. Still, the stock appeals for long-term value and growth. Surprisingly, one analysis suggested Expedia might be a good 'feminist' stock to invest in due to its strong performance. As stocks corrected following a strong quarter, caution arises for
Q4 as the firm attempts to navigate a troubled outlook riddled with lost bookings. Despite the turbulence and changes at the executive level, Expedia's P/E ratio is deemed reasonable, indicating potential for rally and growth beyond 2024. Key financial movements comprise Orion Portfolio Solutions purchasing 6,279 shares, Tidal Investments purchasing 38,850 shares, and both Swiss National Bank and DekaBank Deutsche Girozentrale increasing their holdings.
Expedia Stocks EXPE News Analytics from Fri, 03 Nov 2023 07:00:00 GMT to Sun, 11 Aug 2024 14:04:48 GMT -
Rating 5
- Innovation 3
- Information 7
- Rumor -5
