Expedia Jumps After Projecting ‘Double-Digit’ Profit Growth
(Bloomberg) — Expedia Group Inc. gave a 2020 profit forecast for “double-digit” growth, topping analysts’ estimates and suggesting the company will be able to maintain bookings in the face of slowing global travel demand caused by the spreading coronavirus. Shares gained more than 10% in extended trading. The online travel giant reported revenue gained 7.3% …
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