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M&T Bank Corp Sells 25,018 Shares of Expedia Group, Inc. $EXPE
M&T Bank Corp significantly reduced its stake in Expedia Group, Inc. by 45.7% in the fourth quarter, selling 25,018 shares and retaining 29,728 shares valued at $8.42 million. Despite this, Expedia surpassed Q4 earnings and revenue estimates and increased its quarterly dividend. The company holds a consensus “Hold” rating from analysts with an average price target of $283.23.