Why Expedia Inc. Stock Dropped 13% Last Month
Shares of Expedia Inc. (NASDAQ: EXPE) were losing value last month as the online travel agency dipped on a weak third-quarter earnings report. According to data from S&P Global Market Intelligence, the stock lost 13% in October as revenue and profit growth slowed.
The chart below shows, that the stock fell sharply as it released earnings toward the end of the month.
Source: Fool.com
Expedia Inc. Stock
€255.65
0.730%
With 52 Buy predictions and 1 Sell predictions Expedia Inc. is one of the favorites of our community.
As a result the target price of 275 € shows a slightly positive potential of 7.57% compared to the current price of 255.65 € for Expedia Inc..
