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Why Expedia Stock Fell 16% This Week

·2 min read
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Expedia (NASDAQ: EXPE) shareholders lost ground to a declining market this week. Shares fell 16% through Thursday trading compared to a 6% slump in the S&P 500, according to data provided by S&P Global Market Intelligence. It was powered by rising investor concerns about the scale of a potential pullback in consumer spending on the way.