🔴 BKNG is trading 9% down today as room nights miss on Middle East geopolitical issues

BKNG is trading at $161.69 (-9%) in after-hours following its Q1 earnings release where room nights missed expectations due to Middle East geopolitical issues.

• The company beat estimates with $5.5B in revenue (+16% YoY) and $1.14 adjusted EPS (+14%), supported by a 15% increase in gross bookings to $53.8B.
• The selloff occurs amid broader market weakness, with the tech-heavy Nasdaq closing down 0.89% today following disappointment surrounding OpenAI.