News
EXPE
136.84
+0.01%
0.02
No More 5-Day Isolation Period: CDC Says Those With COVID Can Return To Work, School Under These Conditions
The Center for Disease Control and Prevention announced new guidelines for people infected with COVID-19 on Friday. The agency has previously recommended that people with the disease isolate for at least five days before returning to work or school. Travel stocks could benefit from the agency's new guidelines.
Benzinga · 2d ago
Booking Holdings Stock Dropped After Strong Earnings. Buy the Dip.
Booking Holdings reported strong fourth-quarter results, but shares dropped. The stock price already reflected expectations for a strong performance. The company's sales grew 18% year over year, but the stock is down 11% since the report. Booking Holdings is a global travel agency with a focus on Europe. The shares are ripe for gains.
Barron‘s · 2d ago
7 Travel Stocks Primed for Takeoff in 2024
NASDAQ · 3d ago
$100 Invested In Expedia Group 15 Years Ago Would Be Worth This Much Today
Expedia Group has outperformed the market over the past 15 years by 8.33% on an annualized basis. The company has an average annual return of 22.56%. If an investor bought $100 of EXPE stock 15 years ago, it would be worth $2,060.54 today.
Benzinga · 3d ago
Analysts Offer Insights on Consumer Cyclical Companies: Alibaba (BABA), Steven Madden (SHOO) and Expedia (EXPE)
TipRanks · 3d ago
Analysts Offer Insights on Consumer Cyclical Companies: Expedia (EXPE), Sealed Air (SEE) and eBay (EBAY)
Consumer Cyclical companies in the Consumer Cyclical sector have received a lot of coverage today. Bank of America Securities reiterated a Hold rating on Expedia and Sealed Air. Wells Fargo maintained a hold rating on eBay in a report released today. Expedia is a Moderate Buy with an average price target of $161.81.
TipRanks · 4d ago
A Rumor Helps Bitcoin Break Out, New Data Shows Weakening Business Spending
Bitcoin Breaks out and has room to run. Durable goods data shows weakening business spending. Consumer confidence will be released at 10am ET. The momo crowd is aggressively buying oil in the early trade. Home prices continue to be strong. The Treasury will auction seven year notes today.
Benzinga · 5d ago
Expedia Slashes ~9% Workforce, To Incur Up To $100M In Restructuring Costs
Expedia Group, Inc. Will impact around 1,500 employees. The company expects to record charges of $80 million to $100 million. Ariane Gorin will succeed Peter Kern as Expedia's new CEO in 2024. Expedia reported quarterly earnings of $1.72 per share earlier this month.
Benzinga · 5d ago
Why Is Viking Therapeutics (VKTX) Stock Up 96% Today?
VKTX stock is up 96.2% as of Tuesday morning following positive results from a Phase 2 clinical trial of a weight loss drug. The drug, VK2735, is being developed by Viking Therapeutics as a weight-loss drug. SoundHound AI stock, Sony stock and Expedia stock are also up on Tuesday.
Investorplace · 5d ago
Sony Layoffs 2024: What to Know About the Latest PlayStation Job Cuts
Sony is planning to cut 900 jobs, or 8% of PlayStation’s workforce, around the world. The company is shutting down its London Studio and cutting jobs at its Firesprite studio. PlayStation VR efforts are being hit hard by these layoffs. Expedia and other game developers are also cutting jobs in 2024.
Investorplace · 5d ago
Expedia Layoffs 2024: What to Know About the Latest EXPE Job Cuts
Expedia layoffs will result in 1,5000 of the company’s employees losing their jobs. The company says it expects to suffer between $80 million and $100 million in restructuring charges. Expedia joins a growing list of companies that announced layoffs in 2024. NRX Pharmaceuticals, Aaron's and Rivian Automotive are also in the news today.
Investorplace · 5d ago
Expedia to Cut 1,500 Jobs. The Travel Industry Is In a Tough Spot.
Expedia announces plans to cut around 1,500 jobs in 2024. The travel industry faces slower growth in 2024 and tough comparisons to 2023. The company says the layoffs will allow it to "recalibrate resources" in a bid to save money. The online travel agent has flagged slowing demand and growth in the travel industry.
Barron‘s · 5d ago
Analysts Offer Insights on Consumer Cyclical Companies: Domino’s Pizza (DPZ) and Expedia (EXPE)
TipRanks · 5d ago
Expedia plans restructure, will slash 1500 jobs
Consumer Expedia plans restructure, will slash 1500 jobs Feb. 27, 2024. Online travel company Expedia said that it will cut 1500 jobs, or close to 9% of the workforce. The restructuring is anticipated to cost between $80M and $100M.
Seeking Alpha · 5d ago
Expedia (NASDAQ:EXPE) Cuts Jobs Amid Growth Concerns
Online travel company Expedia is cutting 1,500 jobs as part of its organizational and technological transformation plan. The company expects a slowdown in growth rates and softening of prices across all categories. Expedia stock has dropped 15.4% since the company announced the cuts.
TipRanks · 5d ago
Expedia (EXPE) Gets a Hold from JMP Securities
Nicholas Jones CFA from JMP Securities maintained a Hold rating on Expedia. The company’s shares closed yesterday at $134.95. Expedia has a one-year high of $160.05 and a low of $87.94. Corporate insider sentiment is negative on the stock.
TipRanks · 5d ago
Expedia To Eliminate About 1,500 Employees
NASDAQ · 5d ago
Layoffs in 2024: A List of Companies Cutting Jobs This Year
Alphabet, Amazon and UPS are among those that have announced job cuts so far this year. The labor market added 353,000 jobs in January, the Labor Department says. The companies are cutting in more targeted areas to trim costs and focus on efficiency. The layoffs follow a year of widespread layoffs in the tech industry.
The Wall Street Journal · 6d ago
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About EXPE
Expedia Group, Inc. is an online travel company. The Company’s segments include B2C, B2B, and trivago. The B2C segment provides a full range of travel and advertising services to its worldwide customers through a variety of consumer brands including: Expedia.com, Hotels.com, Vrbo, Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com. The B2B segment fuels a wide range of travel and non-travel companies, including airlines, offline travel agents, online retailers, corporate travel management and financial institutions, who leverage travel technology and tap into its diverse supply to augment their offerings and market Expedia Group rates and availabilities to their travelers. Its trivago segment generates advertising revenue primarily from sending referrals to online travel companies and travel service providers from its hotel metasearch Websites. The trivago is its majority-owned hotel metasearch company, based in Dusseldorf, Germany.