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Why Expedia Group Stock Rose 12% in May

TheMotleyFool

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Why Expedia Group Stock Rose 12% in MayPhoto, wide shot, wide-angle lens, Toy manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by David Maisel: https://img.theapi.app/temp/2788fcd3-d339-4592-8f5c-a3b9125dc61f.png

Expedia (NASDAQ: EXPE) shareholders outperformed a rallying stock market last month. The travel giant's stock rose 12% in May compared to a 4.5% increase in the S&P 500, according to data provided by S&P Global Market Intelligence.

The rally added to April's gains and erased much of the 60% loss that shares had posted through early March. Yet Expedia stock is still trailing the market in 2020 through early June.

Image source: Getty Images.

Source Fool.com

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