
EXPE Stock Up 4% though Expedia Q1 2020 Earnings Show that Revenue Tanks 15%
With the COVID-19 effect, Expedia revealed rather disappointing Q1 earnings results: adjusted net loss for the first quarter was $285 million, 545% up Y-o-Y. Additionally, the gross air bookings revenue for the company also tanked a massive 56%. However, EXPE stock is up now.