Expedia Stock Drops After Mixed Q4 Results, Announcement of CEO Change—Key Level to Watch

Key TakeawaysExpedia shares tumbled despite topping quarterly earnings and sales expectations as bookings came in worse than expected and the company announced the appointment of a new CEO.Incoming CEO Ariane Gorin has most recently served as president of the company’s B2B arm—Expedia for Business.The Expedia share price is likely to find key support around $133 from a multi-month horizontal trendline and the 200-day moving average. Expedia Group, Inc. Source: TradingView.com.Expedia late Thursday (EXPE) ...