Expedia Group, Inc. (#EXPE) Stock Price, Live Chart & Analysis | Trade #EXPE

Expedia Group Inc. is a conglomerate of travel companies. Its headquarters is located in Seattle on the coast of Elliott Bay. The conglomerate includes such services and websites for travelers as Expedia.com, Travelocity, Orbitz, Trivago, Vrbo, Hotwire.com, Hotels.com, and many others. Expedia's clients are both individuals and commercial organizations.

Expedia was originally a division of Microsoft. In 1996, Richard Burton approached the company's management with the idea of ​​creating a service for booking airline tickets. In addition to searching for flights, the developers have added the ability to view real-time flight information and book hotel rooms. By 1999, Microsoft had spun off Expedia into a public company, retaining 80% of its shares.

In the same year, Expedia held an IPO. The company listed its shares on the NASDAQ under the ticker #EXPE. As a result, the company raised $72 million. Now the company's market capitalization is about $9 billion. The company's dividends have been growing steadily in recent years. However, in 2021, Expedia stopped payments, directing capital to service improvement. Since the stock price is relatively low, CFD trading can be the most profitable option for trading. The #EXPE rate is quite volatile. Using detailed analysis, traders can get a good income even in a short time.

The company's financial performance has a strong impact on the share price. Expedia's revenue almost doubled from 2015 to 2019. However, net profit growth was unstable. In 2015, it was $765 million; in 2019, only $565 million. Like many travel companies, Expedia has been hit hard by the COVID-19 pandemic. Revenue fell to $5 billion, while the loss was $2.61 billion. Such indicators are partly due to numerous class action lawsuits from customers who have not received refunds for flights canceled due to the virus. As covid restrictions were lifted worldwide, the company's financial performance began to grow. In 2021, Expedia managed to increase revenue to $8 billion and profit to $12 million.