Perhaps it symbolizes a passing of the torch or maybe it’s merely a temporary phenomenon, but Priceline.com, perennially a little guy when compared with Expedia Inc., has overtaken Expedia Inc. in the size of their respective market capitalizations.
As of today, Nov. 17, 2009, Priceline’s market cap stood at $9.17 billion.
Expedia Inc.’s market cap registered at $7.21 billion.
Read the full story at http://www.tnooz.com/2009/11/17/news/priceline-overtakes-expedia-in-market-capitalization/
