Description:  Shares of Expeida surge after the travel site says it will split into two companies, one for TripAdvisor and one for Expedia.com, hotels.com and hotwire.
Source: CNNMoney.com – video report
Date: 04/08/2011
Link: http://money.cnn.com/video/markets/2011/04/08/mkts_expedia_0408.cnnmoney/
Questions for discussion:
- Why did Expedia shares jump so dramatically?
- What does this report suggest about theses competing online businesses?
- What do you think is the long term scenario for these firms?
- Is there enough room for all of them in the marketplace?
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