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via wsj.comMarkets

Booking: profit and sales fall in Q3 as global conflicts weigh on travel demand

FROM THE WIRE · WSJ.COM

The online travel agency posted a third-quarter profit of $2.72 billion, or $3.61 a share, as revenue fell 1% to $8.89 billion.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishFalling revenue and profit at a major online travel agency can weigh on the stock and the travel sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Booking posted a third-quarter profit of $2.72 billion, or $3.61 a share.
  2. 02Revenue fell 1% to $8.89 billion.
  3. 03The text attributes weaker travel demand to global conflicts.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Booking Holdings Inc.BKNGStock155.67 USDMarket closedtoday +1.25%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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