Shares of Expedia fell 7.5% on Friday, after the online travel-booking platform missed Wall Street estimates for quarterly revenue due to weak demand in the United States.

Expedia Group Inc. cut its full-year outlook for gross bookings and revenue after it saw weaker-than-expected domestic and inbound travel demand in the US at the start of the year.

Expedia Group posted higher sales in the first-quarter, which came in below Wall Street expectations as results were hurt by what Chief Executive Ariane Gorin said was weaker-than-expected demand in the U.