Expedia (EXPE) Rallied in Q3. Here’s Why

Core Insights - ClearBridge Investments' "ClearBridge Mid Cap Growth Strategy" reported modest gains in Q3 2025, outperforming the Russell Midcap Growth Index which returned 2.8% [1] - The strategy is positioned to benefit from a fundamental, bottom-up investment philosophy despite near-term volatility [1] Company Performance - Expedia Group, Inc. (NASDAQ:EXPE) has a market capitalization of $23.58 billion, with a one-month return of -2.42% and a 52-week gain of 44.06% [2] - As of October 9, 2025, Expedia's stock closed at $216.81 per share, increasing its market capitalization to $26.823 billion [2] Sector Analysis - The consumer discretionary sector, including restaurant holdings, negatively impacted performance; however, Expedia Group was a bright spot due to strong B2B bookings and margin expansion from advertising monetization [3] Hedge Fund Interest - Expedia Group, Inc. was held by 56 hedge fund portfolios at the end of Q2 2025, an increase from 54 in the previous quarter [4] - In Q2 2025, Expedia reported revenue of $3.8 billion, reflecting a 6% year-over-year increase [4]