Expedia (EXPE) : Traders are bullish on Expedia (EXPE) as it has outperformed the S&P 500 by a margin of 7.89% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.63%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.25% in the last 1 week, and is up 15.17% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Expedia (NASDAQ:EXPE): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $116.35 and $115.78 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $117.31. The buying momentum continued till the end and the stock did not give up its gains. It closed at $117.20, notching a gain of 0.53% for the day. The total traded volume was 1,231,134 . The stock had closed at $116.58 on the previous day.
The stock has recorded a 20-day Moving Average of 6.9% and the 50-Day Moving Average is 7.01%. Expedia Inc. is up 9.25% in the last 3-month period. Year-to-Date the stock performance stands at -5.29%.
Expedia, Inc. (Expedia) is an online travel company. The Company provides travel products and services provided by various lodging properties, airlines, car rental companies, destination service providers, cruise lines and other travel product and service companies. Its segments include Core Online Travel Agencies, which provides a range of travel and advertising services through a range of brands, including Expedia.com and Hotels.com in the United States and localized Expedia and Hotels.com Websites around the world, EAN, Hotwire.com, Travelocity, Venere, Wotif Group, CarRentals.com and Classic Vacations; trivago, which is engaged in sending referrals to online travel companies and travel service providers from its hotel metasearch Websites, and Egencia, which provides managed travel services. In addition, it offers Travelocity, Orbitz, ebookers, HotelClub, and CheapTickets brands and business-to-business offerings, including Orbitz Partner Network and Orbitz for Business.