Expedia's Slide; Lyft's Upgrade; Pinterest Surges
On this episode of Stock Movers:- Expedia (EXPE) is down this morning after cutting its full-year outlook for gross bookings and revenue due to weaker-than-expected domestic and inbound travel demand in the US at the start of the year. The company now expects gross bookings and revenue to grow 2% to 4% in 2025, down from its previous projection of 4% to 6% growth.- Lyft (LYFT) is moving to the upside after reporting better-than-expected gross bookings of $4.16 billion in the first quarter, with rides increasing 16% from a year earlier to 218.4 million. Goldman Sachs analyst Eric Sheridan also…
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