1038 ET - While Expedia investors do value profitable growth, returning to a focus on profitable growth isn't the messaging those investors want to hear right now, even if it is the right move, Benchmark analyst Daniel Kurnos says in a research note. Shares are down 8.6% at $154.32. There needs to be a better growth component to the Expedia story for the stock to really work, the analyst says. That said, it probably wouldn't take much for shares to pick up some low-hanging fruit as long as the broader macroeconomic picture doesn't get worse, Kurnos says. (dean.seal@wsj.com)
(END) Dow Jones Newswires
May 09, 2025 10:38 ET (14:38 GMT)
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