BKNG is trading at $4051.42 (-4.43%) in pre-market as escalating geopolitical conflicts in the Middle East and Central Asia drive a sharp global risk-off sentiment.
- Major indices are under pressure with the S&P 500 down 1.14% and NASDAQ falling 1.49% following U.S.-Israel strikes on Iran and the closure of the Strait of Hormuz.
- While there is no company-specific news today, BKNG shares have faced significant pressure recently, dropping 21.1% over the past month despite a Q4 earnings beat last week.
- Pre-market futures remain lower as investors weigh potential oil supply disruptions and the expansion of regional conflicts.