Expedia stock plunges 19 percent on fourth quarter profit misses

Expedia stock plunges 19 percent on fourth quarter profit misses

6 years ago
Anonymous $v9r5mEH86V

https://www.cnbc.com/2018/02/08/expedia-stock-plunges-19-percent-on-fourth-quarter-profit-misses.html

U.S. online travel services company Expedia missed analysts' quarterly profit estimate on higher marketing expenses, sending its shares tumbling 19 percent in after-hours trading on Thursday.

And discouraging remarks from Chief Executive Officer Mark Okerstrom likely didn't help the tumble.