Tonight as I looked through my most popular blogs, in the top 3 was a story in my Pedigree Series about Orbitz.
At the time of the article, just a little over 2 years ago, their
market cap was just $233m and they were embroiled in a battle with
American.
The suit is now history and in checking
their market cap as of Friday, it was $1.03b. Bravo to Barney and the
management team for not only quadrupling the value for your
shareholders, but for achieving the recent stock growth against your
peers. Expedia and Priceline are strong competitors, so you should be
very proud of the growth curve shown below. Travelocity is not shown
in the peer comparison, as they are not a public company.