10 Stocks Battered by Bearish Outlooks

4. Expedia Group Inc. (NASDAQ:EXPE)

Expedia Group retreated for a second day on Tuesday as investors repositioned portfolios following the dismal outlook guidance from the airline industry that dampened buying appetite for the travel and tourism sector.

During the last trading session, EXPE slashed its share prices by 7.28 percent to end at $163.75, tracking the bearish outlook for the industry by Delta Airlines, American Airlines, and Southwest Airlines, each lowering estimates for revenues, earnings per share, and seat miles following uncertainties brought about by the ongoing trade war between the United States and its trading partners.

Last year, EXPE registered a strong earnings performance in both the fourth quarter and the full year of 2024.

In its latest earnings release, the company said that attributable net income for the last quarter soared 124 percent to $299 million from the $132 million registered in the same period in 2023. Revenues, meanwhile, increased by 10 percent to $3.184 billion from $2.887 billion.

For the full year, attributable net income surged 55 percent to $1.234 billion from the $797 million registered in 2023, as revenues inched up by 7 percent to $13.69 billion from $12.389 billion year-on-year.