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Expedia (EXPE): Travel firm books gains

 Oct 12, 2009 06:30 PM UTC
Return Risk
+5.21% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
EXPE Positive 10/12/09 +3.73% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: International markets, Newsletters, Expedia Inc (EXPE), Stocks to Buy, Recession

"Vacationers and professionals finally appear to be hitting the road, and many are relying on Expedia (NASDAQ: EXPE) to handle the details," says Nathan Slaughter in Half-Priced Stocks.


The value investor explains, "Expedia's travel sites processed 15.3 million transactions during the second quarter, 18% above the same period last year. Howevver, the gross dollar amount of those bookings dipped slightly to $5.6 billion/


"Whenever you have more trips bringing in less money, it's a pretty good indication that prices are way down.

Continue reading Expedia (EXPE): Travel firm books gains

Expedia (EXPE): Travel firm books gains originally appeared on BloggingStocks on Mon, 12 Oct 2009 13:30:00 EST. Please see our terms for use of feeds.

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