Here’s What Helped Expedia Group (EXPE) to Grow Its Market Share
River Road Asset Management, an investment management company released its “River Road Mid Cap Value Fund” Q4 2024 investor letter. A copy of the letter can be downloaded here. In the fourth quarter, AMG River Road Small Cap Value Fund (Class N) returned 2.97% compared to -1.75% returns for the Russell MidCap Value Index. For the year 2024, the fund returned 13.56%, compared to Index return of 13.07%. Stocks rallied in November after a Republican victory but declined sharply following hawkish Fed comments. Shorter duration stocks, including small caps and value, lost most of their post-election gains by the end of December. For more information on the fund’s best picks in 2024, please check its top five holdings. In its fourth quarter 2024 investor letter, River Road Mid Cap Value Fund emphasized stocks such as Expedia Group, Inc. (NASDAQ:EXPE). Expedia Group, Inc. (NASDAQ:EXPE) is an online travel company with a market capitalization of $21.609 billion. The one-month return of Expedia Group, Inc. (NASDAQ:EXPE) was -12.19%, and its shares gained 28.45% of their value over the last 52 weeks. On April 1, 2025, Expedia Group, Inc. (NASDAQ:EXPE) stock closed at $167.70 per share. River Road Mid Cap Value Fund stated the following regarding Expedia Group, Inc. (NASDAQ:EXPE) in its Q4 2024 investor letter:
