Expedia Surges 12% as Q1 Earnings Beat, Bookings Rise 26%

Tech Trader Daily
By Tiernan RayApr 28, 2016, 5:11 pm119 pts
Shares of Expedia (EXPE) are up $12.51, or almost 12%, at $119.50, after the company this afternoon reported Q1 revenue that topped analysts’ expectations, and a surprise profit where the Street had expected a net loss per share, Revenue in the three months ended in March rose 39%, year over year, to $1.904…

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