Booking Holdings (BKNG) Stock Experiences Significant Price Drop Amid Market Volatility

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5 hours ago
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Booking Holdings Inc. (BKNG, Financial) observed a notable stock price fluctuation, decreasing by 1.82% to $4298.00 per share. The trading volume reached 75,201 shares, with a turnover rate of 0.22% and an amplitude of 1.59%.

In its latest financial report, Booking Holdings reported a revenue of $5.859 billion, net profit of $1.521 billion, and earnings per share of $44.95. The company's gross profit stood at $5.717 billion, with a price-to-earnings ratio of 30.20x.

Among the 38 institutions that rated the stock, 63% provided a buy recommendation, while 37% suggested holding. No institutions issued a sell recommendation.

The broader travel services sector experienced a decline of 1.70%. Within this sector, stocks like Travel + Leisure Co. and Nexttrip, Inc. saw significant gains. Meanwhile, stocks like Makemytrip Limited and Tuniu displayed high volatility, with amplitudes of 8.72% and 5.13%, respectively.

Booking Holdings is the world's largest online travel agency, offering booking and payment services for a wide range of travel products, including accommodations, flights, car rentals, and more. The company operates several well-known travel booking websites and has expanded into travel media through acquisitions.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.