Expedia Inc. (EXPE) reported first quarter adjusted EPS of $0.25 after the bell Thursday, down from $0.26 in the prior year period. The consensus estimate was for EPS of $0.23.
Expedia gapped open sharply lower Friday and pulled back in early trade, before settling into a range. The stock finished down by 6.41 at $58.56, with volume at a 6-month high. Expedia dropped to a 4-month low and fell below its 50 and 200-day moving averages.
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