Why Expedia Shares Gained 21% Last Month

Shares of Expedia (NASDAQ: EXPE) were moving higher last month as the online travel agency got a boost from an analyst upgrade, a falling coronavirus case count, progress on the vaccine front, and data showing the economy continuing to recover.

According to data from S&P Global Market Intelligence, the stock finished the month up 21%.

As you can see from the chart below, the stock climbed steadily over the course of August.

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Source Fool.com