Expedia Inc. (EXPE) was a big mover last session, as the company saw its shares rise almost 7% on the day. The upside came after the company announced that it has sold its stakes in eLong Inc. (LONG) which led to more shares changing hands than in a normal session. This continues the recent uptrend for the company — as the stock is now up more than 14% in the past one-month time frame.
The company has seen 5 negative estimate revisions in the past 30 days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if Friday's move higher can last.
Expedia currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
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