Expedia Inc. (EXPE) reported first quarter adjusted earnings per share from continuing operations of $0.26 after the bell Thursday, compared to $0.16 in the prior year. The consensus estimate was for EPS of $0.15.
Expedia gapped open dramatically higher Friday and climbed during the first half hour of trade, before settling into a range. The stock closed up by 7.68 at $40.31 on the highest volume of the year. Expedia re-crossed its 50-day moving average and jumped to a 4-month high.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.