Booking Holdings Stock Drops as Middle East Risk Weighs on Travel Sector
Booking Holdings shares fell 0.4% to $166.54 in late-morning trading Wednesday, extending Tuesday’s 1.2% drop as U.S. stocks retreated from record highs and oil prices rose on Middle East tensions. Volume reached about 1.75 million shares. Expedia and Airbnb also slipped. Booking remains nearly 28% below its 52-week high after warning in April that conflict was hurting room-night growth.