Expedia Inc. Holds On To Big Gains Following Q3 Beat

Loading...
Loading...
Expedia Inc.
EXPE
shares are trading higher $11.58 at $138.64 in Friday's session. The catalyst for the rally to a new all time high $138.94) is a EPS Q3 beat of $0.03 on slightly lower revenue. After a sharply higher open ($136.17), ti retreated only $0.17 to $136 before resuming its rally. In premarket trading, the had wild range, bottoming at $122 and then rallied all the way to $149.75 before coming back into the $130 by the opening bell.
Joel Elconin is the co-host of Benzinga;s #PreMarket Prep, a daily trading idea radio show.
Do you like this article? Do you have suggestions for improvement? Please email feedback@benzinga.com
Market News and Data brought to you by Benzinga APIs
Posted In: TechnicalsIntraday UpdateTrading Ideas
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...