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Why Expedia Stock Rocketed Higher on Friday


Shares of Expedia (NASDAQ: EXPE) charged sharply higher Friday, soaring by as much as 18.6%. As of 12:36 p.m. ET, the stock was still up 17.9%.

The catalyst that sent the online travel agency surging was its robust third-quarter report, which blew past fairly bullish expectations.

Image source: Getty Images.

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Source Fool.com

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