Assessing Booking Holdings (BKNG) After Recent Share Price Pullback
- If you are wondering whether Booking Holdings at around US$3,870 a share still makes sense for your portfolio, or if the market is now mispricing it, this article will walk you through what the current valuation implies.
- The stock has recently pulled back, with a 6.5% decline over the last 7 days, a 24.1% decline over the last 30 days, a 27.3% decline year to date, and a 22.8% decline over the last year. Over longer periods, the 3 year and 5 year returns stand at 56.1% and 69.5% respectively.
- Recent coverage has focused on how travel platforms like Booking Holdings are positioned as global travel patterns evolve. This includes commentary on competition within online travel agencies and how consumers are using digital channels to plan…
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