Booking Holdings Stock Drops Again as Middle East Travel Shock Clouds BKNG Outlook
Booking Holdings shares fell 4.9% to $157.80 Monday, extending losses as travel stocks dropped on concerns over Middle East disruptions. The company cut its full-year revenue growth target to high single digits and forecast slower second-quarter growth. Gross bookings rose 15% to $53.8 billion in Q1, but executives warned of broader impacts if disruptions persist. Expedia and Airbnb also declined.