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Benzinga
Benzinga
Business
Avi Kapoor

Why Expedia Shares Are Trading Higher By Around 18%; Here Are 20 Stocks Moving Premarket

Expedia Nasdaq
Expedia

Shares of Expedia Group, Inc. (NASDAQ:EXPE) rose sharply in pre-market trading after the company reported better-than-expected second-quarter financial results and issued third-quarter revenue guidance above estimates.

Expedia reported second-quarter revenue of $3.79 billion, up 6% year-over-year. The revenue beat a Street consensus estimate of $3.70 billion, according to data from Benzinga Pro. Earnings per share of $4.24 beat a Street consensus estimate of $3.90.

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