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

Generated by AI AgentAinvest Market Brief
Thursday, May 8, 2025 8:17 pm ET1min read
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%.

Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet