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The Boston Globe

Business

Market Movers

In 2012, Expedia’s stock was on the move

People were on the move in 2012, opening travel wallets more as the economic outlook improved. Expedia Inc.’s stock was on the move, too, more than doubling. Expedia started the year by spinning off its Newton-based TripAdvisor group of travel sites (up 57 percent in 2012) and focusing on its core: Expedia.com, Hotels.com, Hotwire.com, corporate travel agency Egencia, and eLong in China. The cautionary note: Economies fluctuate, and so does travel spending.

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