Business

MARKET MOVERS

Expedia at highest since at least 2005

Carlos Jasso/Bloomberg News/file 2007
Expedia says it is the largest online travel company in the world. Above is St. Pancras International in London, from which Eurostar’s high-speed trains depart for the Continent.
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Expedia Inc. gained 5.8 percent to reach its highest stock price since at least 2005. The online travel company rallied for a second day after saying on April 26 that first-quarter profit and revenue topped analysts’ estimates, driven by growth in the Hotels.com unit, which has websites in more than 60 countries. The Bellevue, Wash., company’s operating income was up 38 percent from a year earlier.