Expedia Group Inc EXPE:NASDAQ

Last Price$95.98NASDAQ Closing Price as of 4:00PM ET 6/29/22
NASDAQ 15-minute delayed Bid/Ask Quotes
Today's Change-1.89(1.93%)
Bid (Size)$95.01 (55)
Ask (Size)$96.55 (1)
Day Low / High$94.09 - 97.98
Volume3.8 M

Social Buzz: Wallstreetbets Stocks Trade Mixed; Chegg Slumps 28%

3:16PM ET 5/03/2022 MT Newswires
Wallstreetbets stocks were a mixed bag on Tuesday afternoon, with Chegg (CHGG) plummeting over 28% after its quarterly results.

Advanced Micro Devices climbed 0.7% ahead of its Q1 results due after market close.

Airbnb (ABNB) dipped 5.5% in sympathy with travel and hospitality companies like Hilton Hotels (HLT) and Expedia Group (EXPE) which posted mixed Q1 results. KeyBanc revised its price target on Airbnb to $195 from $210. Airbnb is due with its quarterly results in Tuesday's after-hours.

Chegg tumbled 28.4% after the company's Q2 and full-year 2022 sales forecasts missed Street consensus, prompting price target downgrades from various analyst firms.

The education technology company set Q2 revenue outlook of $188 million to $192 million and lowered 2022 revenue guidance to a range of $740 million to $770 million from $830 million to $850 million previously. Analysts surveyed by Capital IQ expected revenue of $194.3 million for Q2 and $800.5 million for 2022.

E-commerce giant Amazon (AMZN) was off 0.5%. The company said it aims to create more than 2,500 corporate and technology jobs in several cities across California over the coming years.

Among other stocks in focus, Tesla (TSLA) was flat with a negative bias, GameStop (GME) was up 0.3%, AMC Entertainment (AMC) gained 1.5% and Facebook parent Meta Platforms (FB) rose 1.1%

General Motors (GM) rallied 4.3% following media reports that CFO Paul Jacobson bought 35,000 of its shares last week at an average price of $38.79 per share, with a total value of about $1.4 million.

Rocket Lab (RKLB) declined 5.2%. A day ago the space startup said it deployed 34 satellites into orbit.

Price: 91.59, Change: +1.75, Percent Change: +1.94