- Reuters•8 hours ago
Expedia, which owns a majority stake in Trivago, and the founders of the travel website have agreed to explore the feasibility of taking the business public, Expedia said. The world's largest online travel services company said its bookings in the latest quarter slowed due to the acquisition of rival Orbitz Worldwide Inc, "self-inflicted" wounds such as technology upgrades and the recent spate of attacks in Europe. The higher promotions and discounts by Expedia led to a 5 percent drop in revenue per room night in the second quarter ended June 30.
After hours: 111.50-7.77 (-6.51%) as of 7:59 PM EDT
|Bid||110.00 x 100|
|Ask||113.90 x 100|
|52wk Range||88.40 - 140.51|
|Day's Range||116.23 - 119.77|
|Avg Vol (3m)||2,028,061|
As of 4:00 PM EDT. Market closed.