Expedia app is seen on a smartphone in this illustration taken February 27, 2022. REUTERS/Dado Ruvic/Illustration
(Reuters) -Shares of Expedia Group plunged 19% in early trading on Friday after the online travel firm said it expects 2024 revenue growth rates to moderate, as air fares soften from post-pandemic highs.
The company late on Thursday also said Chief Executive Officer Peter Kern will step down from his position and will be replaced by company insider Ariane Gorin.
