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EXPE
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193 days

Expedia’s stock rallies as Wall Street cheers the return of its dividend - MarketWatch

1. Expedia reinstated its quarterly dividend after the pandemic. 2. Fourth-quarter profit exceeded expectations at $2.39 per share. 3. Revenue of $3.18 billion also beat analyst estimates. 4. BofA Global Research raised Expedia's price target to $250. 5. HSBC upgraded Expedia to buy with a new target of $215.

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FAQ

Why Very Bullish?

Reinstating the dividend and strong earnings improve investor confidence, similar to post-COVID rebounds.

How important is it?

Dividends and strong performance are crucial for investor sentiment in EXPE.

Why Short Term?

Immediate investor reactions to earnings and dividends likely to influence prices quickly.

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