Alert: Positive Investment/Fundamental Signals (6/28/24)-Booking Holdings Inc (NASDAQ: BKNG)

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Booking Holdings Inc (NASDAQ: BKNG) has benefited from exceptional positive changes in investment behavior: positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.

Booking Holdings Inc (NASDAQ: BKNG) has benefited from notable positive changes in fundamentals: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.

The stock is currently unrated.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, BKNG is expected to be an important Value Eraser.

Booking Holdings is currently unrated.

Recent Price Action

On 6/28/24, Booking Holdings Inc (NASDAQ: BKNG) stock declined modestly by -1.2%, closing at $3961.50. Moreover, this decline was accompanied by above average trading volume at 142% of normal. Relative to the market the stock has been strong over the last nine months but is unchanged during the last week.

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