Expedia's stock punished as analysts warn of 'more uncertainty'
CEO departure news added more layers of concern about online travel company Expedia.
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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.
Expedia Group, Inc. beats earnings expectations. Reported EPS is $1.72, expectations were $1.67. Expedia Group, Inc.
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Expedia is set to become Netflix’s first global ad partner with the pair inking a deal to give the travel operator a multi-market campaign throughout this year.