Market Movers

Expedia Group, Inc.’s Stock Price Soars to $140.80, Enjoying a Healthy 2.68% Increase

Expedia Group, Inc. (EXPE)

140.80 USD +3.68 (+2.68%) Volume: 1.71M

Expedia Group, Inc.’s stock price sees a rise, trading at 140.80 USD with a positive change of +2.68% this session, attracting a trading volume of 1.71M. Despite its recent growth, the stock records a YTD decrease of -7.24%, indicating a volatile year for EXPE investors.


Latest developments on Expedia Group, Inc.

Expedia Group, Inc. (NASDAQ:EXPE) saw significant stock movements today as Institute for Wealth Management LLC purchased 2,178 shares, Independence Bank of Kentucky bought 6,141 shares, and Banque Pictet & Cie SA acquired 14,038 shares. These transactions indicate growing investor interest in the company, potentially driving up the stock price. Such investments by reputable financial institutions suggest confidence in Expedia Group’s future performance and could attract more investors to the stock.


Expedia Group, Inc. on Smartkarma

Analysts at Baptista Research have provided contrasting perspectives on Expedia Group, Inc. on Smartkarma. In the report titled “Expedia Group Inc.: A Bear’s Perspective! – Major Drivers,” the analysts highlight the company’s mixed performance in the second quarter of 2024. Despite significant achievements, Expedia Group faces emerging challenges reflective of the complexities in the travel industry. On the other hand, in their report “Expedia Group: Advancements in GenAI and Personalized Travel Experiences! – Major Drivers,” the analysts discuss the company’s Q1 2024 performance in a healthy market environment. However, they note varying growth rates across different geographical areas and product lines, with some segments underperforming compared to projections.


A look at Expedia Group, Inc. Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Expedia Group, Inc. has received favorable Smart Scores across the board, with high ratings in Growth, Resilience, and Momentum. This indicates a positive long-term outlook for the company, suggesting potential for continued expansion and success in the online travel services industry. With a strong focus on growth and resilience, Expedia Group, Inc. appears well-positioned to weather challenges and capitalize on opportunities in the market.

While the company’s Value score is not as high as some of its other scores, Expedia Group, Inc. still shows promise for investors looking for growth potential. Additionally, the low Dividend score may not be a concern for those more interested in capitalizing on the company’s growth and momentum. Overall, Expedia Group, Inc. presents a compelling option for those seeking exposure to the online travel services sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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