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Why Shares of Expedia Fell 24% in the First Half of 2020

TheMotleyFool

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Why Shares of Expedia Fell 24% in the First Half of 2020

Shares of Expedia (NASDAQ: EXPE) fell 24% during the first half of 2020, according to data from S&P Global Market Intelligence. The online travel agent felt the brunt of the COVID-19 pandemic, which basically brought the travel industry to a screeching halt in late March.

While that might seem like a dire decline, Expedia had been down nearly 60% on the year at one point, and has actually rebounded strongly since.