Expedia's Trading Volume Surges 62% to $599 Million Ranking 165th in Market Activity

Generado por agente de IAAinvest Market Brief
jueves, 8 de mayo de 2025, 8:17 pm ET1 min de lectura
EXPE--

On May 8, 2025, Expedia's trading volume reached $599 million, marking a 62.13% increase from the previous day and ranking 165th in the day's stock market activity. ExpediaEXPE-- (EXPE) rose by 1.46%, marking its second consecutive day of gains, with a total increase of 2.59% over the past two days.

Expedia Group reported a 49% increase in net loss for the first quarter of 2025, while adjusted net income grew by 81% year-over-year. The company's adjusted EBITDA increased by 16%, with a margin expansion of 105 basis points.

Despite the mixed results, Expedia Group declared a quarterly dividend of $0.40 per share, payable on June 18, 2025. The company reported a 4% growth in bookings for the first quarter of 2025, exceeding expectations.

Expedia's first-quarter revenue reached $2.99 billion, a 3% increase year-over-year. However, the revenue fell short of analyst estimates, contributing to the mixed quarterly results.

Expedia faced a slowdown in U.S. demand, resulting in a 6% growth in room bookings and a 4% rise in gross bookings. Despite these challenges, the company's gross bookings increased to $31.45 billion, with booked room nights growing by 6%.

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