New York, Feb 9, 2026, 12:19 PM ET — Regular session
- Booking shares slipped further after February’s drop, with travel stocks trailing the main U.S. indexes.
- U.S. payrolls and inflation numbers land this week, pulling traders’ attention.
- Booking will release its quarterly and full-year numbers after markets close on Feb. 18.
Booking Holdings dropped roughly 4% Monday, lagging behind its major travel peers as the broader U.S. market ticked upward. Shares listed on the Nasdaq slipped 4.1% to $4,274.21, sliding from an open of $4,412.42 and hitting an intraday low at $4,266.13.
The selloff is hitting just as investors stay cautious ahead of a packed slate of U.S. data that might jolt interest-rate expectations—moves that hit consumer-discretionary stocks hardest. Earlier, stocks seesawed; consumer discretionary names took the brunt of the weakness. “Investors are less comfortable with the amount of spending,” said Art Hogan, chief market strategist at B Riley Wealth. 1
Investors are eyeing Booking’s upcoming quarterly report as the next major event. The company expects to announce both its fourth-quarter and full-year 2025 numbers around 4:00 p.m. ET on Feb. 18, with a conference call set for 4:30 p.m. ET that same day. The Norwalk, Connecticut-based operator owns brands like Booking.com, Priceline, Agoda, Kayak and OpenTable. 2
Most travel stocks held their ground this day. Expedia barely budged. Airbnb dropped roughly 1.1%, Trip.com edged down 1.3%, and TripAdvisor slipped around 0.6%.
As earnings draw near, what typically grabs investors’ attention at Booking is how many bookings the company pulls in—and what it’s shelling out to keep those numbers up. “Gross bookings” tallies up the overall value of travel sold across its platforms. “Room nights” is simply the count of hotel and accommodation nights booked.
Any hint of changing demand—by region, by price—will be on traders’ radar, as households respond to rates and job numbers. Travel stocks, especially, can turn sharply if the market senses the consumer is cooling.
The downside? Simple enough. If inflation runs hot or wage numbers come in strong, yields probably pop and discretionary names take a hit. A wary outlook from Booking—on growth or even marketing spend—could send the shares tumbling further.
Looking ahead, the calendar tightens: the postponed January U.S. payrolls report arrives Wednesday. January CPI hits on Friday. Booking will report its earnings after the bell on Feb. 18.
