Expedia Stock Falls Sharply Even as It Sees a ‘Robust’ Summer Recovery

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Expedia was falling sharply Tuesday even after revenue in the first quarter rose more than 80%, and CEO Peter Kern told analysts the online travel company was “feeling very good about asummer recovery.”

An analyst, however, said the company’s strong recovery already was priced in the stock. Expedia (ticker: EXPE) shares fell 14% to $150.40. The shares have declined 16.8% year to date.


Roy Walsh

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