HomeAway, Inc (NASDAQ:AWAY): 5.50 million shares exchanged hands on Friday
Dallas, Texas 11/18/2013 (Financialstrend) – In Friday’s trading session, HomeAway, Inc (NASDAQ:AWAY) rose by 6.43%. The shares opened at a price of $36.34, which touched the intraday high of $39.22 and headed to a close of $38.25. Around 5.50 million exchanged hands over the trading day and an average volume of 1.51 million shares were traded over a 30 day period. The 52-week low of HomeAway, Inc (NASDAQ:AWAY) shares is $19.58 and its 52-week high is $39.22. The company has a market capitalization of $3.28 billion.
About the company
HomeAway, Inc (NASDAQ:AWAY) was formed on 6 April 2004. It is an online-marketplace for the vacation-rental industry. As of 31st December 2012, it Company operated its online-marketplace via 44 different websites in 13-languages. In the year 31st December 2012, HomeAway, Inc (NASDAQ:AWAY) had more than 600M Website visits. As of 31st December 2012, its international-marketplace included over 710,000 paid-listings of various vacation rentals.
The company’s HomeAway portfolio includes the following vacation package sites- 1- HomeAway.com, 2- VRBO.com and 3- VacationRentals.com in the U.S. In addition it includes HomeAway.co.uk & OwnersDirect.co.uk that operate in the UK ; HomeAway.de operates in Germany; Abritel.fr & Homelidays.com are in France; HomeAway.es is in Spain; AlugueTemporada.com.br operates in Brazil & HomeAway.com.au operates in Australia. In 2012, HomeAway, Inc (NASDAQ:AWAY) acquired 100% of the outstanding-stock of Top Rural. In 2013 November, HomeAway, Inc (NASDAQ:AWAY) announced that it has acquired a 55% stake in Bookabach Limited. This company is an operator of a vacation-rental site in New Zealand.
HomeAway, Inc (NASDAQ:AWAY) also operates BedandBreakfast.com. This is an international website for finding bed & breakfast properties. It provides travelers with one more source for lodging-alternatives to hotels & the HomeAway Software. Different Professionals at the software.HomeAway.com are able to offer software-solutions to property managers & innkeepers. HomeAway, Inc (NASDAQ:AWAY)’s online marketplace serves 2 major-constituents: property owners & managers on one hand & travelers too. Property owners & managers pay listing-fees.