Shares of Expedia Inc. sank on Wednesday after competitors TripAdvisor Inc. and Priceline Group Inc. announced a booking partnership. The tie-up will pave the way for greater options for travelers using TripAdvisor and Priceline sites. Expedia slid 6.4% to $120 to top S&P 500’s decliners, on track to snap a three-day winning streak. The stock, however, is still up about 40% for the year. TripAdvisor soared 19% to $79.54 on the news while Priceline shed 2.6% to $1,310.20.
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