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Why Expedia Stock Gained 22% in 2020


Shareholders of Expedia Group (NASDAQ: EXPE) managed positive returns through a volatile market last year. The stock gained 22% in 2020 compared to a 16% rise in the S&P 500, according to data provided by S&P Global Market Intelligence.

Shares of the travel booking giant had been down by over 50% at one point in the year, but they recovered all of that lost ground as investors began looking past the COVID-19 pandemic.

Image source: Getty Images.

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Source Fool.com

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