Posts Tagged ‘ expedia inc ’

Sector Snap: Online Travel Stocks Mostly Decline

Jun 10th, 2008 | By admin | Category: Travel

Most online travel stocks declined Monday, with Orbitz Worldwide Inc. falling as a Citi Investment Research analyst started covering the stock with a “Hold” rating, citing strong competition.
In a client note, he wrote factors such as its valuation and general growth in the online travel space make Orbitz shares “potentially compelling” over time. Still, “substantial [...]