Booking Holdings stock slips 3.23% in positive trading session
Updated
Updated · MarketWatch · Apr 30
Booking Holdings stock slips 3.23% in positive trading session
7 articles · Updated · MarketWatch · Apr 30
The shares closed at $168.36 as the S&P 500 rose 1.02% to 7,209.01 and the Dow gained 1.62% to 49,652.14.
Booking underperformed travel peers, with Expedia down 0.88%, Trip.com up 2.71% and Tripadvisor edging 0.45% lower.
The stock finished 27.92% below its 52-week high of $233.58 reached on 8 July, while trading volume of 8.6 million stayed below its 50-day average of 10.2 million.
Why did Booking's stock plummet despite record profits and massive share buybacks?
Is AI a genuine threat to Booking's travel empire or an overhyped market fear?
Are new EU digital rules finally giving hotels the upper hand against online travel giants?