Why Expedia Stock Rose 30% in February

Why Expedia Stock Rose 30% in February

Shares of Expedia (NASDAQ: EXPE) outperformed a rising market last month, jumping 30% compared to a 2.6% gain in the S&P 500, according to data provided by S&P Global Market Intelligence. Investors were happy with Expedia's latest earnings report despite continued pressure from the pandemic. Management cited continued travel restrictions and growing coronavirus outbreaks as the main challenges.