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1:58
Expedia shares sink after 2024 revenue warning on softening air fares
(Reuters) -Shares of Expedia Group closed down 18% on Friday, their biggest single-day drop in nearly four years, after the online travel firm said it expected 2024 revenue growth rates to moderate as air fares soften from post-pandemic highs. The company late on Thursday also said Chief Executive Officer Peter Kern would step down from his ...
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9 months ago
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