NEW YORK: Booking Holdings Inc. (NASDAQ: BKNG), a major player in the online travel sector, finished the regular trading day with modest gains on April 29, but faced a significant downturn in after-hours activity.
The stock closed the official session at 4,909.23 USD. This represented an increase of +19.28 USD, or +0.39%, for the day compared to its previous close of 4,889.95 USD. During the trading day, BKNG shares opened at 4,849.99 USD, reached a high of 4,930.12 USD, and touched a low of 4,841.81 USD.
However, the situation shifted following the closing bell. Market data recorded after 7:16 pm GMT-4 indicated Booking Holdings shares trading at 4,750.00 USD in the after-hours market. This marks a substantial decline of -159.23 USD, equivalent to -3.24%, from the official closing price. This late drop effectively erased the gains achieved during the standard trading hours.
Looking at the company’s broader metrics, Booking Holdings possesses a market capitalization listed as 16.02KCr (often interpreted as approximately 160.2 Billion USD). The stock’s Price to Earnings (P/E) ratio stands at 28.43, and it currently offers a dividend yield of 0.78%.
The after-hours movement adds to the recent performance narrative for BKNG, which has seen a 52-week high of 5,337.24 USD and a 52-week low of 3,180.01 USD, highlighting the potential for volatility in the stock.
