Booking Holdings (BKNG) Stock Slides Over 3% in After Hours Session
NEW YORK: Booking Holdings Inc. (NASDAQ: BKNG) shares experienced a notable decline in after hours trading on April 29, reversing the modest gains achieved during the regular market session.
The online travel company’s stock concluded the standard trading day at 4,909.23 USD. This marked an increase of +19.28 USD, or +0.39%, compared to the previous closing price of 4,889.95 USD. Throughout the day, the stock traded between a low of 4,841.81 USD and a high of 4,930.12 USD, with an opening price of 4,849.99 USD.
However, post-market activity painted a different picture. As of 7:16 pm GMT-4, BKNG shares were trading significantly lower at 4,750.00 USD in the after hours market. This reflects a substantial drop of -159.23 USD, equating to a -3.24% decrease from the official closing price. This downward move erased the gains recorded earlier in the day.
Key financial metrics for Booking Holdings include a market capitalization listed as 16.02KCr (commonly interpreted as representing approximately 160.2 Billion USD), a Price to Earnings (P/E) ratio of 28.43, and a dividend yield of 0.78%.
The after hours decline places the stock’s recent performance in the context of its 52 week trading history, which has seen a high of 5,337.24 USD and a low of 3,180.01 USD.