Expedia Downgrade Sinks XRT
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/14/2026
- Wall Street tumbles as hot inflation data feeds worries about Fed rate hikes
- Oil prices gain on attacks in Saudi Arabia, Iran's new tactics to target tankers
- U.S. consumer prices rise by 3.7% year-on-year in September
- Bank of America stock falls on earnings miss
- Netflix cuts 1,000 jobs as streaming giant seeks to boost engagement
Tweet
Share
E-mail
SPDR S&P Retail ETF (NYSE: XRT) is lower by 1.3 percent, as shares of Expedia Inc. (Nasdaq: EXPE) traded lower by 2.63 percent. Lazard Capital Markets downgraded the company from to neutral from buy, citing high valuation relative to guidance.
XRT is up over 10 percent so far this year, over twice as much as the SPY, which tracks the S&P 500.
EXPE makes up 1.42% of the assets of XRT.
XRT is up over 10 percent so far this year, over twice as much as the SPY, which tracks the S&P 500.
EXPE makes up 1.42% of the assets of XRT.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- UNPACK ’27: EXPEDIA AND STAYZ REVEAL THE TRAVEL TRENDS INSPIRING THE WORLD IN 2027
- Lazard AUM falls to $284B in September 2026
- Zoetis appoints Iris Knobloch to its board of directors
Create E-mail Alert Related Categories
ETFsRelated Entities
Lazard, Standard & Poor'sSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
