Expedia Rising On Heavy Volume (EXPE)

Shares of Expedia online travel company (EXPE) are rising on unusual volume today. The company reported earnings yesterday after the closing bell. EXPE earned $0.44 per share versus analysts' estimates of $0.42. The company, however, missed revenue estimates. Nonetheless, the stock has gained 5.75% to $22.30 on Friday. More than 4.6 million shares have traded hands in the first hour compared to a daily average of 5.81 million. The company has a market cap of $6.33 billion. The stock trades at a trailing P/E of 20.51, a forward P/E of 11.60, and a PEG ratio of 1.10. Year-to-date, EXPE has lost 13.49%.