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BUZZ-Expedia falls after forecasting slower 2026 adjusted core profit margin growth

Reuters
02/13
BUZZ-<a href="https://laohu8.com/S/EXPE">Expedia</a> falls after forecasting slower 2026 adjusted core profit margin growth

** Shares of online travel platform Expedia EXPE.O fall 4.2% to about $217.7 in premarket trading

** On Thursday, co forecast its adjusted core profit margin to rise 1 to 1.25 percentage points, slower than 2.4 percentage points increase in 2025

** Following the results, J.P.Morgan cut co's PT to $240 from $260 earlier, representing a 5.6% upside on stock's last close

** Piper Sandler cuts PT to $225 from $250, representing about 1% downside on stock's last close

** As of last close, shares down about 19.8% YTD

(Reporting by Parth Chandna)

((Parth.Chandna@thomsonreuters.com;))

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