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via finance.yahoo.comBusiness & Companies

Booking shares fall on revenue miss and cautious travel outlook

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Booking Holdings shares fell 2% in after-hours trading on Tuesday as weaker-than-expected third-quarter revenue and a subdued fourth-quarter forecast raised concerns about slowing international travel demand, overshadowing a stronger-than-expected performance in…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishCaution on international travel demand can weigh on the stock in after-hours and following sessions.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Booking shares fell about 2% in after-hours trading after third-quarter revenue came in below expectations.
  2. 02The fourth-quarter forecast was described as subdued.
  3. 03Management pointed to softer international demand linked to the Middle East conflict.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Booking Holdings Inc.BKNGStock155.67 USDMarket closedtoday +1.25%Negative PRICELINEPCE1.DUStock137.70 EURMarket closedtoday 0.00%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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