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
Expedia Inc. Stock
€116.02
0.760%
With 19 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 162 € shows a positive potential of 39.63% compared to the current price of 116.02 € for Expedia Inc..
