🔴 BKNG is trading 4.3% down today as surging oil prices and geopolitical conflicts trigger a risk-off selloff

BKNG is trading at $4056.86 (-4.3%) as escalating geopolitical conflicts and surging oil prices drive a broad market selloff.

• Oil prices have surged 8-10% following reports of US-Israel strikes on Iran and supply fears stemming from the Pakistan-Afghanistan conflict.
• The stock is following a wider risk-off sentiment as major indices decline, with the S&P 500 down 0.71% and the NASDAQ down 0.89%.
• No company-specific news was reported today; the decline follows earlier reactions to Q4 results and recent analyst price target cuts.