Why Expedia’s Share Price Is Popping

The online travel company’s stock is up on robust quarterly results.

Expedia (EXPE +3.78%) is up 21% since Wednesday, Nov. 5.

Expedia Group Stock Quote

Today’s Change

(3.78%) $9.76

Current Price

$268.01

What’s going on with the online travel company?

Well, it reported third-quarter results Thursday morning, and they were extremely solid.

Revenue for the quarter rose 9% year over year to just over $4.4 billion. The consensus Wall Street estimate was for $4.3 billion. And earnings came in at $7.57 a share, which was 23% higher than a year ago and 9% higher than Wall Street’s estimate of $6.95 a share.

The company also reported…

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