Expedia Stock Dives on Soft Guidance. CEO Peter Kern Is Stepping Down.
Expedia stock fell sharply Friday, as investors digested the online travel agency’s cautious outlook for 2024 and news that CEO Peter Kern is stepping down.
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Expedia stock fell sharply Friday, as investors digested the online travel agency’s cautious outlook for 2024 and news that CEO Peter Kern is stepping down.
This is CNBC Pro's live coverage of Friday analyst calls and Wall Street chatter.
CEO departure news added more layers of concern about online travel company Expedia.
Shares of Expedia Group Inc (NASDAQ: EXPE) were tanking Friday after the travel company reported fourth-quarter earnings and announced a new CEO.
Shares of Expedia Group Inc EXPE were tanking Friday after the travel company reported fourth-quarter earnings and announced a new CEO. The results came amid…