Why Expedia Could Underperform the Market
18 January 2022 - 04:40AM
TipRanks
Despite the inconveniences due to the COVID-19 crisis, the shares
of Expedia (EXPE) have performed better than its peers over the
past three years, albeit well below the stock market. The great
uncertainty caused by the Omicron variant will continue to weigh on
many industries, with travel likely to be one of the hardest hit.
As such, I don’t think it’s wise to go beyond a neutral approach on
this stock. Expedia operates as an online travel service provider
in the United States and internationally, serving consumers,
businesses and online travel service operators through its Trivago
hotel metasearch platform. The Retail segment includes several
renowned brands such as Expedia, Hotels.
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Expedia (NASDAQ:EXPE)
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Expedia (NASDAQ:EXPE)
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