Expedia's 25 Percent Drop: A Warning Sign From The Online Travel Agency Industry? (EXPE)
July 27, 2013 at 12:23 PM EDT
Expedia (NASDAQ: EXPE ), the front runner of losses on the S&P on July 26, dropped a whopping 25 percent. The online travel agency found itself in stormy waters after reporting second quarter earnings on July 25, missed expectations. The 27 analysts covering the company foresaw revenues of $1.26 billion
