Expedia withdraws full-year forecast amid coronavirus spread
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Expedia Group withdrew its full-year earnings forecast and updated first-quarter guidance amid a worsening impact from the new coronavirus pandemic that’s gutting the global travel sector. The Seattle-based company said the spread of the coronavirus would negatively impact first-quarter adjusted earnings before interest, tax, depreciation and amortization “in excess” of the $30 million to $40 […]
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