Expedia (EXPE, Financial), the online travel booking platform, saw its shares soar by over 6.7% to $161.01 in pre-market trading. The surge follows reports from the Financial Times indicating that Uber is exploring a potential acquisition of the company.
While Uber's interest remains in the early stages and a deal is not certain, this development has sparked significant investor interest in Expedia. Market watchers are closely monitoring the situation for further updates.
