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Expedia's shares jump 17% as Q2 earnings beat estimates, raising full-year growth forecast to 3-5%.
Expedia's shares surged over 17% in premarket trading after reporting strong Q2 earnings and raising its full-year forecast.
The company saw a 6% revenue increase to $3.8 billion, beating estimates, with a significant boost in B2B bookings and international demand.
CEO Ariane Gorin noted an uptick in U.S. travel demand since July, leading to a 3-5% growth forecast for 2025, up from previous projections.
The positive outlook reflects a rebound in the travel industry post-pandemic.
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Las acciones de Expedia suben un 17% a medida que las ganancias del segundo trimestre superan las estimaciones, elevando la previsión de crecimiento para todo el año al 3-5%.