Here’s Why Expedia’s Shares Are Falling This Morning

Those fearing that Expedia expe lost its guardian angel with the departure of CEO Dara Khosrowshahi to Uber will be feeling vindicated this morning.

Shares in the online travel services company are being marked down sharply Friday after a bleak earnings report that fell short of consensus forecasts and led the company to cut its own forecast for earnings this year. The company’s top managers also told analysts in a conference call late Thursday that...

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