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Expedia stock jumps on report of acquisition interest by Uber
EXPEExpedia Group(EXPE) MarketWatch·2024-10-17 00:35

Shares of Expedia Group Inc. jumped more than 7% in after-hours trading Wednesday after the Financial Times reported Uber Technologies Inc. was considering a bid to buy the online travel company.According to the FT, Uber UBER has approached its advisers in recent months about a potential bid for Expedia EXPE, though interest is in the early stages. Citing three unnamed sources familiar with the matter, the FT said a third party first floated the idea to Uber. The ride-hailing giant has not officially reache ...