BKNG Jun 2024 2900.000 call

Expedia stock sinks on full-year guidance cut, Q1 bookings

Earnings season is taking a rain-check on travel site Expedia Group (EXPE) after the company slashed its full-year guidance after first-quarter bookings missed estimates. Expedia's stock is tumbling on this news despite an earnings beat on the top and bottom lines, while Booking Holdings (BKNG) shares, on the other hand, are popping. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.