Why Expedia Stock Was Falling Double Digits Today

Shares of Expedia Group fell sharply today, down 13.4% following its Q1 earnings report. Despite surpassing revenue expectations with $2.89 billion, the company's future guidance disappointed investors. Expedia warned of slowing growth and reduced its full-year revenue outlook, particularly noting challenges with its Vrbo service integration and weaker bookings growth. Adjusted earnings improved, but the outlook for crucial summer months remains uncertain.