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Expedia Shares Drop Amid Insider Selling Concerns

Expedia Shares Drop Amid Insider Selling Concerns

Expedia ( (EXPE) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.

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Expedia’s stock movement is influenced by strong Q3 results, including a 12% increase in bookings and a 9% rise in revenue, prompting analysts to raise their price targets due to improved demand and strategic execution. However, insider sentiment remains negative due to increased share selling by corporate insiders, raising potential concerns for investors.

More about Expedia

YTD Price Performance: 18.66%

Average Trading Volume: 1,786,552

Technical Sentiment Signal: Buy

Current Market Cap: $26.45B

For further insights into EXPE stock on TipRanks’ Stock Analysis page.

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