Seattle-based Expedia Group, Inc. (EXPE) is a leading global travel technology company, empowering business and leisure travelers with innovative tools and information to efficiently research, plan, book, and experience travel. With a market cap of $15.5 billion, the company operates an extensive portfolio of travel brands, including Expedia, Hotels.com, Vrbo, Orbitz, Travelocity, Hotwire, Wotif, ebookers, CheapTickets, Expedia Partner Solutions, CarRentals.com, and Expedia Cruises.
Shares of the travel tech company have underperformed the broader market over the last year. EXPE has gained 19.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 27.5%. In 2024, Expedia Group stock has tumbled 24.9%, notably lagging SPX's 11.2%returns on a YTD basis.
