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Stockreport

Why Expedia Group and Other Travel Stocks Are Sinking Tuesday [Yahoo! Finance]

Expedia Group, Inc. (EXPE)  More Company Research Source: Yahoo! Finance
Last expedia group, inc. earnings: 2/13 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: expediainc.com/contact-investor-relations
Several airlines cut their first-quarter outlooks ahead of an industry conference Tuesday, citing weak travel demand. The warning also affected Expedia competitors and other travel industry stocks, including hotels and cruise lines. Shares of travel giant Expedia Group ( EXPE ) sank on Tuesday after a number of the country's biggest airlines cut their forecasts for the first quarter of 2025. Ahead of an industry conference on Tuesday, Delta Air Lines, ( DAL ), American Airlines ( AAL ), and Southwest Airlines ( LUV each lowered estimates for metrics like revenue, earnings per share (EPS), and available seat miles . Each airline said an uncertain macroeconomic environment along with severe weather like the California wildfires in January is affecting demand. But Southwest Airlines was one of the few travel stocks in positive territory after it announced new revenue-generating changes like the introduction of baggage fees. Booking, Hotel, Cruise Line Stocks Also Lower The w [Read more]

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