Why Expedia Stock Fell 4% Last Year
In a bad year for travel stocks, Expedia (NASDAQ: EXPE) did not escape the headwinds in the industry, which include the rise of Google as a major player in travel bookings, Brexit fears, and slowing growth due to market saturation.
Expedia shares finished 2019 down 4%, which is only a slight decline, but significantly below the S&P 500, which returned 29% last year. The chart below show how the two investments diverged.
Source Fool.com