(Bloomberg) — Expedia Group Inc. said its chief technology officer and a senior engineering leader were fired due to “a violation of company policy,” just days after the online travel firm’s annual product and partner conference. Most Read from Bloomberg CTO Rathi Murthy and Sreenivas Rachamadugu, senior vice president, core services product & engineering, are […]
By Pratyush Thakur (Reuters) -Expedia shares tumbled as much as 13% to a near six-month low in early trading on Friday, after the online booking firm cut its annual forecast for revenue growth due to weakness at its vacation rentals brand Vrbo. Vrbo was seeing a slower rebound than the company’s expectations following a restructuring […]
Shares of travel bookings platform Expedia Group (NASDAQ: EXPE) dropped on Friday after the company reported financial results for the fourth quarter of 2023. In reality, the numbers were pretty good, but a surprise change of CEO cast a shadow over the financial results. As of 11:30 a.m. ET, Expedia stock was down 19%. Expedia’s […]
(Reuters) – Shares of Expedia plunged 13% in premarket trading on Friday after the online travel firm said it expects 2024 revenue growth rates to moderate, as air fares soften from their post-pandemic highs. The company late on Thursday also said Chief Executive Officer Peter Kern will step down from his position and will be […]
Expedia (EXPE) reports earnings late Thursday for the fourth quarter as travel rebounds from October lows. Heading into results, Expedia stock struck a 52-week high, breaking out into buy range. X Expedia Earnings Set To Jump Estimates: Analysts project Expedia earnings of $1.67 per share, a 33% increase year over year, but marking the second […]