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Expedia Trading Volume Drops 46.33% to $532 Million Despite 6.76% Stock Price Increase
Generated by AI AgentAinvest Market Brief
Monday, May 12, 2025 9:02 pm ET1min read
On May 12, 2025,
(EXPE) saw a trading volume of $532 million, marking a 46.33% decrease from the previous day. The stock price rose by 6.76%.Susquehanna analyst Shyam Patil has revised the price target for Expedia, lowering it to $175 from the previous $205, while maintaining a Neutral rating. This adjustment comes amid softer U.S. travel demand, which has impacted Expedia's earnings and overall market sentiment.
Piper Sandler has downgraded Expedia Group from a "neutral" rating to an "underweight" rating, setting a price objective of $135.00. This change reflects the analyst's pessimistic outlook on the company's near-term prospects, influenced by recent earnings reports and market conditions.
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