Expedia Group (EXPE) Could Be 23% Below Fair Value After Q3 Beat And Guidance Lift
Expedia Group (EXPE) is back in focus after better-than-expected third quarter results, a lift to full year revenue guidance, fresh fourth quarter targets, and a reaffirmed dividend, all landing within days. Despite the upbeat guidance and AI product rollouts, Expedia Group’s share price has come under pressure in the short term, with a 1-day share price return of down 4.86% and a 7-day share price return of down 9.33% as investors react to the softer fourth quarter outlook. Over a longer...
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