Wedbush Securities data analysis shows Booking Holdings (BKNG) generated positive momentum during the fourth quarter.
Web traffic across Booking’s consolidated platforms grew 8% year-over-year (YOY) through November. This metric covers the quarter-to-date period.
This performance marks an acceleration of 600 basis points compared to the trend observed in the third quarter. Wedbush analysts find these engagement trends encouraging relative to current room night growth expectations.
Shares of Booking Holdings rose 0.1% in morning trading on December 23.