Expedia Stock Soars to Record High Following Strong Holiday Bookings

The company exceeded earnings expectations, reinstated and raised its dividend, and saw its largest share spike since 2023.

Expedia reported $24.4 billion in gross bookings for Q4 2024, surpassing analysts' forecasts by over $1 billion.
The company posted adjusted earnings per share of $2.39 and revenue of $3.18 billion, both exceeding expectations.
Shares surged up to 18% in early trading, hitting a record high of $204.20, marking the largest intraday spike since November 2023.
Expedia reinstated its quarterly dividend, raising it to $0.40 per share, reflecting confidence in its long-term outlook.
The strong performance also boosted investor sentiment for peers like Airbnb and Booking Holdings, whose shares rose as well.