Soleil Securities downgraded the shares of Orbitz and Expedia to “hold’’ yesterday. Expedia fell 1.2 percent to $24.79.
(Tim Boyle/ Bloomberg News)
MARKET MOVERS
Expedia Inc. and Orbitz Worldwide Inc., operators of travel websites, fell as a dispute with American Airlines grew. Over the weekend Expedia stopped selling tickets for American’s flights. The airline says it aims to sell more tickets on its own website, rather than pay to list flights elsewhere. Airlines pay a commission when people look up a fare or book a trip. In December, American pulled its flights from Orbitz.![]()
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