Expedia shares soared Thursday on news that Uber discussed a takeover bid for the travel booking giant, according to reports.Expedia shares rose as much as 8.4% Wednesday evening after the Financial Times first reported the potential bid. Expedia shares were up 3.8% Thursday morning.The talks were in early stages and it is unclear whether an acquisition will take place since Uber has not formally approached Expedia, three people familiar with the process told the Financial Times.Uber CEO Dara Khosrowshahi p ...

SEATTLE, Oct. 17, 2024 /PRNewswire/ -- Expedia Group (NASDAQ: EXPE) announced the appointment of Ramana Thumu as the company's Chief Technology Officer. Ramana will lead Expedia Group's technology organization, overseeing engineering, data, artificial intelligence, cloud platforms, and security, while capitalizing on the company's tech and platform investments in recent years."I am thrilled to welcome Ramana to our leadership team as our new Chief Technology Officer. Ramana's extensive experience in success ...

Expedia Group Inc (NASDAQ:EXPE) stock is up 5.6% at $159.30 at last glance, and earlier hit a two-year high of $161.88. The travel booking name is getting a boost from takeover rumors, after The Financial Times reported that Uber Technologies (UBER) is considering a bid for the company. However, BofA Global Research noted that the article specified that no current discussions are in progress, and that Uber's team is likely considering several merger options. Today's pop has EXPE breaking into positive terri ...

Key TakeawaysExpedia shares rose Thursday morning following a report that Uber Technologies has explored acquiring the travel booking company.An acquisition of the travel booking giant would help Uber's efforts toward becoming a "super app," the Financial Times reported Wednesday.Uber has grown through a number of acquisitions, and has said new deals are a priority. Expedia (EXPE) shares surged while those of Uber Technologies (UBER) moved lower Thursday morning following a report from the Financial Times t ...

Expedia stock climbed 8% while Uber stock fell more than 3% in premarket trading on Thursday.Uber spoke with advisors about a potential takeover in recent months, The Financial Times reported.The ride-hailing company wants to become a "super app" that offers much more than trips and food. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your fav ...

Here at the Lab, we are back to comment on Expedia (NASDAQ: EXPE ). In our coverage, we provided two updates on the company. In 2022, we were long with a comps analysis between Q2 2019 Vs. Q2 2022 numbers "Buy-side hedge professionals conducting fundamental, income oriented, long term analysis across sectors globally in developed markets. Please shoot us a message or leave a comment to discuss ideas.DISCLOSURE: All of our articles are a matter of opinion, informed as they might be, and must be treated as su ...

Shares of Expedia Group Inc. jumped more than 7% in after-hours trading Wednesday after the Financial Times reported Uber Technologies Inc. was considering a bid to buy the online travel company.According to the FT, Uber UBER has approached its advisers in recent months about a potential bid for Expedia EXPE, though interest is in the early stages. Citing three unnamed sources familiar with the matter, the FT said a third party first floated the idea to Uber. The ride-hailing giant has not officially reache ...

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Based on future growth expectations, this stock is very cheap.In this video, I will explain why Expedia (EXPE -0.72%) is one of the most undervalued stocks in the market right now. Check out the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Sept. 26, 2024. The video was published on Sept. 30, 2024. ...