Buy Stock Online
Expedia Inc. said it won't buy back as many shares of its stock as it said it would last month.
Shares of Expedia Inc. plunged Monday after the online travel agency said it would curtail stock-buyback plans because of a lack of financing on acceptable terms. The Bellevue-based company's stock sank $2.68, or 9 percent, to close at $26.71. In June, the company that operates Expedia.com announced it would buy back about 116.7 million shares, or about 38 percent of its outstanding stock, a move ...

0 Comments:
Post a Comment
<< Home