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Booking Holdings Admits to Having Critical Failures Even Before the Pandemic [Yahoo! Finance News]

Booking Holdings Inc. (BKNG)  More Company Research Source: Yahoo! Finance News
Last booking holdings inc. earnings: 2/26 04:04 pm Check Earnings Report
View photosBooking Holdings Admits to Having Critical Failures Even Before the PandemicBooking Holdings, which calls itself the “largest, most profitable global online travel business in the world,” got candid about some stubborn, multiyear failures on page 42 of its more than 100-pageproxy reportDespite notching a “solid” 2019, Booking Holdings stated Friday: “Nevertheless, 2019 was not without its challenges. Booking.com continues to under-index in the United States market, we did not see the desired results from Booking.com’s brand marketing efforts and, for much of the year, we were slower than desired to meet a number of our goals for increased collaboration, cooperation and integration among our brands.”Failures in the U.S.There’s a ton to unpack in that telling sentence.As far back as 2015, Amsterdam-basedBooking.com spent an estimated $32.8 million on national TV adsConsider the following Google Trends data showing web searches for Expedia red), Priceline yellow) and Booking.c [Read more]
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Stockreport

Booking Holdings Admits to Having Critical Failures Even Before the Pandemic [Yahoo! Finance News]

Booking Holdings Inc.  (BKNG) 
More Company Research Source: Yahoo! Finance News
Last booking holdings inc. earnings: 2/26 04:04 pm Check Earnings Report
View photosBooking Holdings Admits to Having Critical Failures Even Before the PandemicBooking Holdings, which calls itself the “largest, most profitable global online travel business in the world,” got candid about some stubborn, multiyear failures on page 42 of its more than 100-pageproxy reportDespite notching a “solid” 2019, Booking Holdings stated Friday: “Nevertheless, 2019 was not without its challenges. Booking.com continues to under-index in the United States market, we did not see the desired results from Booking.com’s brand marketing efforts and, for much of the year, we were slower than desired to meet a number of our goals for increased collaboration, cooperation and integration among our brands.”Failures in the U.S.There’s a ton to unpack in that telling sentence.As far back as 2015, Amsterdam-basedBooking.com spent an estimated $32.8 million on national TV adsConsider the following Google Trends data showing web searches for Expedia red), Priceline yellow) and Booking.c [Read more]
IMPACT SNAPSHOT
EVENT TIME:
BKNG
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS