Expedia Inc. (EXPE) was a big mover last session, as the company saw its shares rise almost 8% on the day. The upside was driven by impressive bookings growth in the first quarter of 2015 which led to more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $99.47 to $94.23 in the past one-month time frame.
The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. Friday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Expedia currently has a Zacks Rank #4 (Sell).
A better-ranked stock in the same space is GrubHub Inc. (GRUB) with a Zacks Rank #2 (Buy).
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