Why Booking (BKNG) Stock Is Trading Up Today
Update: 2025-10-30
Description
Booking Holdings' Q3 results exceeded expectations, with adjusted earnings of $99.50 per share and $9 billion in revenue. Room nights booked and gross bookings grew by 8% and 14% respectively. Despite a slight drop in net profit margins, the company's performance remained strong. Booking Holdings also announced a promising test program with OpenAI, which could revolutionize trip planning. The stock initially surged but later stabilized, indicating market confidence in the results. Despite recent market uncertainties, Booking's share price is up 3.5% since January, and long-term investors have seen significant returns.
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