Why The Priceline Group Inc. Stock Is Up 36% This Year

Why The Priceline Group Inc. Stock Is Up 36% This Year

Shares of The Priceline Group Inc. (NASDAQ: PCLN) have been gaining altitude this year, riding the bullish wave in the online travel bookings sector. The stock is up 36% as of July 19 according to data from S&P Global Market Intelligence.

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The stock has steadily gained as an expanding global economy has favored travel stocks:

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Source: Fool.com