Expedia (EXPE +2.9%) outperforms after Cantor predicts the company will beat Q4 estimates when...

|By:, SA News Editor

Expedia (EXPE +2.9%) outperforms after Cantor predicts the company will beat Q4 estimates when it reports on Tuesday, thanks to unchanged U.S. and European hotel booking trends. Both Expedia and archrival Priceline fell yesterday after the latter was downgraded by Morgan Stanley. Expedia skyrocketed in October following its Q3 beat, and has continued to rally since.