1,724.77 0.00 (0.00%)
After hours: 5:18PM EDT
|Bid||1,724.40 x 1400|
|Ask||1,743.33 x 800|
|Day's range||1,683.39 - 1,733.65|
|52-week range||1,107.29 - 2,094.00|
|Beta (5Y monthly)||1.05|
|PE ratio (TTM)||21.52|
|Earnings date||06 Aug 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||1,711.80|
The Nasdaq Composite (NASDAQINDEX: ^IXIC) has been the highflier among major benchmarks lately, and the index closed at a record high again Wednesday. Internet retail has been one of the strongest industries this year, and general-purpose marketplaces like that of Latin America's MercadoLibre (NASDAQ: MELI) have filled an essential role in making sure people can get the things they need. The travel industry hasn't been as kind to hotel specialist Booking Holdings (NASDAQ: BKNG), but its stock also gained ground Wednesday as investors hoped for a longer-term solution to the COVID-19 pandemic that could restore faith among would-be travelers looking to leave home.
Booking Holdings (BKNG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Layoffs will begin next month and run through the end of the year, according to parent company Booking Holdings Inc. Booking Holdings, based in Norwalk, Connecticut, also owns the restaurant reservation company OpenTable and Priceline.com. Booking.com, based in Amsterdam, is a dominant player in Europe, where it controls more than 60% of online travel bookings, according to a 2018 report from Hospitality Europe.