Tag: $Booking

Booking Holdings said its profit jumped in the first quarter as the company’s traveler bookings grew ahead of expectations, buoyed by users traveling more reliably to the company’s site.

Booking Holdings’ ticked all the boxes with its earnings–beating revenue and profit estimates, breaking a number of company records, and initiating a quarterly dividend. Yet the stock plummeted 9% ahead of the open Friday.

Shares of Booking Holdings Inc.  soared into record territory Friday, after the travel and booking site calmed investor fears by reporting a big earnings beat and strong revenue growth, citing the continued strength and resiliency of overall travel demand.