Booking Holdings stock price slides 9% as BKNG traders digest Kayak CEO shuffle, UBS target trim
Booking Holdings shares fell 9.32% to $4,644.64 Tuesday, then edged up after hours. The company named Peer Bueller as Kayak’s new CEO, with co-founder Steve Hafner moving to executive chair. UBS cut its price target on Booking ahead of Q4 earnings due Feb. 18. Trading volume spiked, and insider Robert J. Mylod Jr. sold 40 shares last week.