Filed under: Expedia Inc (EXPE), Stocks to Buy
Expedia's (EXPE) stock took a hit in the markets, dropping almost 17% on the release of its FY 2010 earnings on February 10. The response was largely on account of the overall decline in the company's EBITDA margin from over 32% in 2009 to around 25% by the end of 2010. Clearly the market is concerned about Expedia's outlook on the heels of this.
Expedia competes with other online travel agents like Priceline (PCLN), Orbitz (OWW) and Travelocity, as well as hotel chains that offer their own online booking services.
Continue reading Expedia: A $29 Stock Despite Margin Concerns
Expedia: A $29 Stock Despite Margin Concerns originally appeared on BloggingStocks on Sat, 12 Mar 2011 11:40:00 EST. Please see our terms for use of feeds.
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