Booking Holdings (BKNG) shares fell 3.90% on January 14, significantly underperforming the overall market as growth stocks retreated following new economic indicators that dampened expectations for Federal Reserve interest rate cuts.

  • The stock traded down to $5107.52 during the session amidst the broad market decline.
  • Market volatility was triggered by higher-than-expected December PPI data.
  • Surging retail sales contributed to the pressure, lowering investor expectations for interest rate cuts in early 2026.