Why Expedia Stock Gained Today
Shares of Expedia (NASDAQ: EXPE) finished higher today after the online travel agency beat revenue estimates in its third-quarter earnings report and gave positive commentary on trends going forward.
The stock gained 5.7% on the news.
Expedia, which owns travel brands including Orbtiz, VRBO, and Travelocity, posted record revenue and room bookings in the quarter, showing it's recovered from the pandemic.
Source Fool.com