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Why Expedia Stock Dove This Week

TheMotleyFool

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Why Expedia Stock Dove This WeekPhoto, wide shot, wide-angle lens, Retail store, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/bda07ced-e79e-4489-b731-ada601660c8e.png

Expedia (NASDAQ: EXPE) shareholders lost ground to the market this week. The travel booking giant's stock fell 20% through Thursday trading compared to a 0.2% drop in the S&P 500, according to data provided by S&P Global Market Intelligence.

The slump was driven by a poor reception by investors to its fiscal first-quarter earnings release.

Image source: Getty Images.

Source Fool.com

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