Why Expedia Shares Could Lose Altitude
It probably comes as no surprise that online travel company Expedia Group (NASDAQ: EXPE) had a really difficult 2020. With almost every country on Earth implementing some form of border closure to stave off the pandemic, consumers were forced to staycation. The US has implemented a really aggressive vaccination program, but much of the developed world is lagging behind, so consumers could be waiting for some time before their next overseas adventure. Expedia's stock currently trades at all-time highs, and that's difficult to make sense of.
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Expedia is more than just one brand. The group is an umbrella of about 20 different companies, all focused around travel. The flagship service remains the online travel agency, Expedia, but some other well-known subsidiaries include Wotif, Trivago, Hotels.com and Travelocity.
Source Fool.com
