Why Expedia Inc. Stock Dropped 13% Last Month

Shares of Expedia Inc. (NASDAQ: EXPE) were losing value last month as the online travel agency dipped on a weak third-quarter earnings report. According to data from S&P Global Market Intelligence, the stock lost 13% in October as revenue and profit growth slowed.

The chart below shows, that the stock fell sharply as it released earnings toward the end of the month.

Source: Fool.com