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Expedia’s (EXPE) adjusted earnings swung to a loss but the online travel agency topped revenue forecasts as it reported first-quarter results after hours Thursday. Shares hopped up 4.9% to 98.82 in late trading in the stock market today after briefly spiking above 104 after hours. The stock broke support at the 50-day line Thursday, closing down 2.1% to 94.23. Expedia hit a record 100.51 on April 24. The company said it lost 3 cents a share in Scalper1 News
Scalper1 News