Expedia Group (EXPE): Exploring Valuation After Recent Share Price Momentum
Expedia Group (EXPE) has caught the eye of investors following a steady, if unspectacular, climb in its stock price over the past month. While there is no major event or news flash behind the latest move, the recent momentum alone might be enough to make shareholders and would-be buyers pause and consider whether there is a larger story at play behind the numbers.
Looking more broadly, Expedia Group’s shares have posted a 55% gain over the past year, with a strong 34% return in the past 3 months contributing to that run. Short-term momentum appears to be building rather than fading, even as industry news has been relatively quiet and results have stayed on trend with expectations. With annual revenue and net income both growing…
