Booking Holdings Stock Drops as Middle East Risk Weighs on Travel Sector
Booking Holdings Inc. shares were down in late-morning Wednesday, building on Tuesday’s loss as pressure stayed on travel stocks from the wider U.S. equity selloff and new Middle East tensions. Booking traded at $166.54, off 0.4% in recent action, with volume around 1.75 million shares. Expedia Group slipped 0.4% as well. Airbnb lost 0.6%. Online travel stocks lagged as the sector stayed on the defensive.